If management is your area of expertise, then the management rights of this prime location situated on the Kapiti Coast at Raumati, could be what you are looking for.
Built in 2003, Raumati Sands Resort has 20 two-bedroom apartments and two studios, all individually owned and maintained by the Body Corporate. These modern and spacious apartments are designed and furnished to 4.5-star specifications. Every apartment has a large, private outdoor patio or balcony. All apartments have wireless broadband, fan bake oven, cook top, microwave, underfloor heating, washing machine and dryer, and dishwasher.
The Resort offers guests a heated pool and a hot tub. A conference facility is also available for businesses and groups of up to 12 seated conference style or 25 theatre style.
Manager’s residence and business area: The ground floor includes reception/office area, main laundry, bathroom and a kitchen facility for guest’s meals. The first floor apartment has open plan kitchen, dining and living area with balcony and sea views, two double bedrooms and a large bathroom with spa bath and tiled shower. There is a single garage included.
Guests at Raumati Sands include corporate, families, couples on weekend escape, visitors to Wellington and overseas guests. Raumati Beach, restaurants and cafes are a few minutes’ walk from the Raumati Sands, while the internationally rated Paraparaumu Golf Course and popular Kapiti Island experience are also close to the Sands.
Business and Revenue Growth:
Occupancy has been growing month after month. 85% occupancy for December was up 10% on the previous year with 90% occupancy for January being a significant achievement for Raumati Sands!
Management Rights allow you to run and manage the complex, on behalf of the individual owners, as an accommodation provider. The business is secured by way of long-term body corporate contract, with the added strength of the individual apartments being held by long-term leases, rather than just management contracts.
Further Growth Opportunities:
The growth in Kapiti Coast area is led by developments such as Kapiti Coast Airport, the construction of the Kapiti Expressway and Transmission Gully Motorway. These initiatives will make the Kapiti Coast quicker and easier to access.
The Kapiti Performing Arts Centre is a further significant new public building project for the Kāpiti Coast. The venue includes: Coastlands Theatre: an approximately 330 seat theatre, Black Box Theatre for drama performance, spaces/classrooms for music, dance and drama teaching. This will attract both regional and national tourism, boosting economic development for the district.
Raumati Sands Resort with its modern apartments is ideally situated (within the walking distance) to capture the rewards of this growth.
You can view more images of the property on http://www.coffeys.co.nz/Listings/?listing=582
For more information please contact:
P: 06 929 7681
M: 027 449 1608