Simply beautiful, simply Beaumont
The management and letting rights for 22 of The Beaumont Apartments provides a rewarding income and lifestyle in Mt Maunganui, an iconic resort with year-round appeal.
When it comes to clever investments in a truly stunning location, you’d be hard pressed to find a more attractive package than what’s on offer at The Beaumont Apartments. It offers a profitable business proposition that’s sure to excite, with the management and letting rights for 22 of the iconic building’s 49 apartments now available to purchaser or purchasers. The acquisition includes your own luxurious freehold apartment. The Beaumont Apartments is a beachfront complex that simply oozes class. Private balconies boast views that have to be seen to be believed. The heated swimming pool, on-site gym and barbecue patio are for all guests to enjoy. Gordon Fridge of Resort Brokers says now is the ideal time to begin reaping the benefits of this established business, which currently boasts an approximate yield of 25 per cent. ‘‘Our summers are getting longer, extending the corporate and independent tourist trade to the point that it is reaching a year-round operation. With next summer fast approaching it’s an exciting opportunity for the new purchaser to reap the very attractive financial returns that go hand in hand with the lucrative months ahead.’’ Up to now the management rights for the 22 apartments in the letting pool have been jointly held by two couples who for the past eight years have enjoyed working on a monthon/month off basis. ‘‘The location, condition and street appeal of the building played a role in our decision to purchase,’’ they say. ‘‘The business is very successful, with the potential for further growth.’’ Along with the management rights business you will have ownership of the reception and a sizeable, freehold two-bedroom, twobathroom ground floor apartment, plus three under cover carparks and a fenced back lawn – allowing you the same resort lifestyle that your guests travel from far and wide to experience. The owners’ apartment boasts an open plan design with plenty of natural light, and a large modern kitchen where you can entertain family and friends who will undoubtedly want to visit you! The business and its income affords the owners a very good and satisfying lifestyle, at the base of the majestic mountain and a short stroll from Mount Maunganui’s ocean beach and vibrant shopping, cafe and restaurant scene. It is located minutes from worldclass golf courses, hot saltwater pools, the white sands of nearby beaches, and Pilot Bay Harbour.