Capri on Pilot Bay

Property Details

  • Property Name: Capri on Pilot Bay
  • Address: 5 The Mall
    Mount Maunganui
  • Property Type: Management Rights
  • Region: Mount Maunganui, Tauranga
  • Listing: EL00568

Price Adjustment

The Vendors have reduced their asking price for the business only, to allow them to move on to other interests.

The new asking price of $699,000 – with a mouth-watering net profit, makes this business a very, very attractive option for anyone wanting a business in thriving Mt Maunganui. Recent demand has driven prices way beyond this figure.

There are on-site options for accommodation, with the freehold apartment also available for sale. If you haven’t yet viewed this business – it would be well worth looking now – or having a re-look with this new price in mind.

The Capri is especially suited to a couple looking for the good life and is one of the few remaining, very affordable opportunities to start in this highly desirable, lucrative market. The bottom line will readily support your new lifestyle!

• An excellent business with a desirable profit.
• The Mount tourism accommodation businesses is in high demand
• Prime location overlooking fabulous Pilot Bay

The Complex

29 apartments with a good number in the letting pool – always in high demand in The Mount. A Studios to 2 bedroom with 2 bathrooms, balconies, full kitchens, laundry, and covered parking. Boat parking also available.

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

Owner’s Apartment – can also be purchased

Set on two levels – 2 bedrooms/2 bathrooms, a large ground floor, paved deck, and upper balcony. The Reception area is also on this Freehold title. Available for new owners to rent.

Reference: EL00568