Commercial

Proven Income & Growth Potential  

11 Kings Road, Paihia

Hotel Motel Leisure
dollar

$1,385,000 Plus GST (if any)

Land area
1100m²

Property description

Listing # 4013846|Listed on 3 November 2023

Priced to sell and packed with opportunity, this three-level, nine-bedroom property offers exceptional flexibility for investors, business owners, or multi-generational families. Live upstairs with sea views while the lower levels generate strong, consistent income — ideal for staff housing, backpackers, or long-term accommodation.

Just metres from the beach and a short walk to shops and restaurants, the property is commercially zoned and features two large dorm-style rooms hosting up to 45 guests per night without further consent. Adding to the appeal, there's ample off-street parking - with space for the boats, trailers, and campervan.

Most of the hard work is done, with major electrical and plumbing upgrades completed and most rooms renovated or updated. Fully functional and ready to operate, you can move straight in, add your finishing touches, and grow the business from day one. 

 With booming summer demand and steady winter trade, the property performs year-round — offering strong returns now and even greater potential depending on how you choose to run it. A rare chance to secure solid returns and future potential — all well under CV.

Call us today to find out more!

 

For Sale:
$1,385,000 + GST (if any)
For more information or to view, contact us now.

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Barfoot & Thompson Ltd (Licensed: REAA 2008) - Kerikeri

Regan Polglaze

Commercial Sales & Leasing | Barfoot & Thompson Ltd (Licensed: REAA 2008) - Kerikeri
110 active listings

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