Broker | Waikato, East Auckland
Mob: +64 21 0350049
Director | Taupo and South Auckland
There are increasing numbers of tourists exploring the outer islands of Auckland with over one million visitors a year coming to Waiheke Island. Art galleries, water sports, biking, fishing are some of the many tourist attractions along with the boutique vineyards dotted around the island to enjoy wine tasting and a delicious relaxing lunch.
"The Sands" is situated adjacent to Onetangi beach, a beautiful north facing, white sandy beach stretching for approximately 1.8km overlooking Great Barrier and Little Barrier in the distance. Nearby Oneroa village and Ostend village provide the necessities such as a doctor, pharmacy, post office, banks, schools and supermarket. Other amenities such as cafes, bars and restaurants, retail outlets, vineyards are plentiful.
On offer is the Management Rights business of this coastal property that comprises of 32 apartments/villas, spread over three multi-level buildings with 29 onsite carparks. This is a family-friendly resort offering a choice of one, two and three bedroom apartments, fully self-contained with most of the apartments/villas enjoying sea views. The configuration of the units within the managers letting pool are one, two and three bedrooms.
The manager's two bedroom accommodation conveniently adjoins the reception/office located on the ground floor of the complex, the family have enjoyed the lifestyle that The Sands and Waiheke Island have offered them with the children attending the local schools. Now they are on the move and heading back to the Taranaki.
Please feel free to contact us for further information. Inspections are by appointment only.
Potential buyers should review an Australian summary of management rights by clicking on the reference below which is a historic and dated document but sets out the salient issues around management right ownership and operation. Much of the content is relevant to the New Zealand situation:
There have been recent legal decisions with regards to the status of some of the provisions commonly found in management rights contracts in New Zealand. We recommend that all potential buyers of Management Rights seek legal advice.
Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.
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