2014-05-06

Management Rights to Central Luxury Apartments. $995,000 plus Manager’s Apartment $575,000

Business Description

This is a prestigious property within short walking distance of central Queenstown. The management rights are secured by way of extra long term management agreements. The manager’s apartment is also luxurious with three bedrooms and a private outdoor courtyard.

This Four Star Plus operation shows an excellent history of revenue and profitability, with forward bookings indicating a further increase as Queenstown is showing continual signs of an improving market. (Winter airline seats are increasing dramatically once again this year.)

For anyone looking for a top quality management rights operation, this one will be hard to beat. With very little available by way of accommodation businesses in Queenstown at the moment, it would pay to act soon. Our vendors are requesting a low key marketing approach and we are able to provide further details of this operation on receipt of a confidentiality agreement.

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