Mount Maunganui Management Rights

Tauranga

$1,180,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1bsps9p



The Capri on Pilot Bay offers one of the few remaining chances to buy into the very hot and lucrative tourism accommodation industry at an entry level price!

Purchase Options
My vendor has instructed me to offer the following purchase options:

1) Purchase outright - this of course is my vendors preference

2) Purchase business only. Terms/pricing to be finalised at a later date.

The Capri is just a skip across the road to wonderful Pilot Bay, but set slightly back from the bustle of the road for extra privacy and is just around the corner from all the shops, cafes, the fabulous and famous beach and of course the Mount itself.

The Capri really epitomises the lifestyle that so many now demand. The complex is earning an exceptional income - yet there is still good opportunity to make more! 29 Apartments in the complex, a number with views of either Pilot Bay Harbour or the Mount itself - ranging through studios to 2 x bedrooms with 2 bathrooms - some on prime corner positions - with 15 apartments in the letting pool

The apartments feature balconies, full kitchens, laundry, bathrooms with satin jet massage showers and SKY 50+. All have covered parking with boat parking also available.

The construction low maintenance, permanent materials (concrete block/aluminum joinery/long run roofing). The grounds are attractive yet really low maintenance and feature a swimming pool complex, gymnasium and BBQ facilities.

Owners' Quarters
The home has a point of difference from any of the other apartments in the complex. Set on two levels with 2 bedrooms & 2 bathrooms, a large ground floor large paved deck and another balcony on the top level. Reception area on title, Freehold Title as well.

Reference: EL00568
Ref: EL00568
Timestamp: 20170428054508

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