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Lucrative Motel with beach life - room to grow

22 Reef View Road, Ahipara

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dollar

Negotiation

Floor area
796m2
Land area
1m2
Title type
Freehold
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Listing # 1270941 | Listed on 2 May 2024

Ready to claim your own slice of paradise? Positioned just 200 meters from the beach, Ahipara Bay Motel offers breathtaking views of Ninety Mile Beach, Shipwreck Bay, and Reef Point.

This 11-unit motel is adorned with a nautical theme and equipped with contemporary amenities, ensuring both comfort and a distinct living experience for guests. The business includes freehold over 6 unit, restaurant / bar , owners accommodation. The management rights to six water-view units, delivers great returns without the financial burden of direct ownership, as maintenance, rates, and other expenses are managed by the unit owners.

The adjacent land is available for sale separately, offering potential for more motel rooms or a seaview owners home.

Experience regular demand and steady bookings from corporate and local & central government travelers, along with leisure guests due to its proximity to 90 Mile Beach and one of New Zealands top left-hand surf breaks. The Bayview Restaurant & Bar adds significant value, drawing in revenue with its popular and varied menu, complemented by the 'Stonegrill' dining experience.

Future owner will benefit from a private two bedroom apartment featuring a spacious outdoor deck, providing panoramic views - ideal for those desiring to leave city life behind for a superior quality of living.

  • Title 1 is ownership of land, buildings, and business as a freehold going concern.
  • Title 2 is management rights only over six units. All furnishings in these units are owned by the business.
  • A water supply bore/well capable of delivering 3000 litres per hour, all services amply catered for.
  • Current owners work in the business, supported by Cooks, Cleaners, Maintenance and Relief Managers

Negotiable price expectations are $1.35m - make an offer ......
Ask Gary Lucas for full details today

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