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Freehold Going Concern Motel for sale – Gateway to 90 Mile Beach

22 Reef View Road, Ahipara

Hotel Motel Leisure
dollar

$1,500,000 Plus GST (if any)

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Property details

Listing # TP14429C | Listed on 13 April 2022

The Ahipara Bay Motel and Bayview Restaurant & Bar

Ready to own your very own piece of Paradise?

Now you can, sighted 200 metres from the beach on elevated land stands an iconic 11 unit motel with commanding views of Ninety Mile Beach and beyond to Shipwreck Bay and Reef Point.

The motel boasts a nautical theme and the spacious units offer comfortable modern facilities and superb panoramic views.

This is a motel with a difference – included in the sale are the Management Rights to six deluxe water view units attached to the complex. The owners see the Managed Units “as a win-win situation as they provide a good return without the Capital Cost of purchase or paying maintenance, rates or other costs. These are borne by the individual owners.”

And this is not just a motel – the excellent and well patronised Bayview Restaurant and Bar contributes considerable revenue to the healthy bottom line of this unique property.

Elevated to maximise the stunning views and memorable sunsets the restaurant and bar cater to loyal locals and visiting tourists.

The menu is streamlined but offers something for everyone including a children’s menu. Promoting the unique ‘Stonegrill’ option as a dining experience, the guest self cooks steak or fresh fish exactly as they like it.

As the new owner you will appreciate the totally private and modern three bedroom apartment with large outdoor deck and of course being located on the upper level you will enjoy stunning views in every direction.

This is a motel where the owners will enjoy a superb quality of life without the daily grind of a city motel. Yet another upside of living in Paradise – maybe it’s your turn.

The current owners have spent 20 happy years here and now its time to retire – will you be the next lucky owners?

What you will purchase:

Land Buildings and Business – Freehold Going Concern including Management Rights over 6 deluxe units comprising:.

2 x Studio and 3 x 1 bedroom units (with spa baths) and 2 x 2 bedroom units. All furniture in the management units owned by the Business.

Five Freehold Motel Units – all are ground floor and comprise:

1 x basic bedsit type unit, 1 x Studio and 3 x 1 bedroom units which recently had a major refurbishment including new kitchen and bathroom units.

Land area of 0.1464 hectares

Bore/well delivering 3000 litres of water per hour if required.

Sealed driveway and spacious parking area.

Chattels List and Owners Financial Statement available to download after registering on www.tourismproperties.com/14429

Contact the Brokers for further information

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