Management rights & residence

17, Redwood Close, Paraparaumu, Kapiti Coast

$1,200,000

Proposed Usage
Hotel & Leisure
Description:
Property ID
1bzlcky

• 76yr Management rights - 72 units
• Two bdrm home & 16 garages (leased)
• Management fees approx. $180k p.a. gross
• Be your own boss with a Kapiti lifestyle
• Asking price $1.275m (plus GST if any)

For sale is the Management rights for a 72-freehold unit complex in Kapiti and two bedroom house, as well as 16 garages - which are leased out to other residents. The income for managing the village and caretaking is $180k+ p.a.

This would suit someone who wants to slow down a bit, it offers 'be your own boss' with the Kapiti lifestyle.

This unique opportunity has an asking price of $1.275m (plus GST if any).

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Paraparaumu Area