• $939000

Unit 59/22 Pyes Pa Road, Pyes Pa, Tauranga, Bay Of Plenty, 3112, New Zealand

This is your opportunity to purchase the Management Rights for the Orange Grove in Tauranga for the over 55’s. The Village is a modern fully landscaped complex of 58 individual homes owned by the residents with communal facilities for use by the residents.

 

The purchase includes a comfortable modern 3 bedroom home and Management Contract which provides an annual income of $58,806 incl GST if any. Plus there is an added bonus of a consented self contained studio unit currently leased long term at $11,000p.a.

 

The couple who currently own the Rights have been there for 8 years and are now ready to move on. They say it’s great being your own boss, living on site, with flexible hours and guaranteed income.

 

The location is great, minutes from the Tauranga CBD and handy to the new The Crossing retail centre, Tauranga Hospital, Tauranga Golf Club, the racecourse and other amenities.