Opportunity to Purchase Management Rights on Waiheke Island

The Sands, Waiheke Island
The Sands, Waiheke Island

In Waiheke Island, the management rights for apartment complex business The Sands is up for sale. The previous owners have decided to move to Taranaki after enjoying a good income through their tenure, creating an opportunity for a new owner to buy the management rights.

With 32 apartments/villas spread across three multi-level buildings, the site is located in a prime beach location on Waiheke Island.

Across the road from Onetangi Beach the property is virtually the last site on The Strand and has an almost secluded feeling.

Beach access is just a walk across the road, and for boat enthusiasts, launch access is less than 100 metres away.

Effectively 50 percent of the complex is available in the letting pool. The family-friendly resort offers choices of fully self-contained one, two- and three-bedroom apartments.

All the apartments feature full-width bi-folding windows which maximise the views of the beach and surrounding area, as well as a fully equipped kitchen and laundry.

There are three one-bedroom apartments, all featuring an open-plan lounge and one bathroom.

The ten two-bedroom apartments each have their own bathrooms and open-plan living space. Each apartment sleeps four.

Across the three three-bedroom apartments, each apartment has a master ensuite and shared bathroom for the second and third rooms. These apartments are perfect for family holiday apartments or for sharing with friends and sleeps six.

The current vendors had been operating 15 of the 32 apartments, so there is scope to increase apartment inventory if the new owner desired.

The Sands Waiheke Island Apartments & Villas management rights are being sold by way of private negotiation through Resort Brokers brokers Wayne Keene and Leanne Bate.

To get in contact with Wayne Keene call 021 666 991 or email wayne@resortbrokers.co.nz, and to contact Leanne Bate call 021 035 0049 or email leanne@resortbrokers.co.nz