Substantial FREEHOLD Going Concern Earning Excellent $$$ + Stunning Lifestyle!

$1,595,000WaikatoListing: #EL00547



Refer to Broker

About this business for sale

Substantial FREEHOLD Going Concern Earning Excellent $$$ + Stunning Lifestyle!

Presenting Coromandel Colonial Cottages

  • An opportunity to own a fantastic FHGC in the heart of one of NZ’s great tourist destinations
  • An immaculately kept property sitting on 7000+ square metres of land
  • An fantastic business with plenty of room for  growth.
  • As the new owner you will have a huge 216m2 character home.

This unique motel is located in a very peaceful location yet is a mere short walk to restaurants, cafes, the townships wharf and a number of tourist features/activates.

Please see the accommodation configuration below:

There are 8 units:

• 6 x 2 bedroom cottages
• 2 x 1 bedroom cottages
• An additional unit that is not currently in use – however, council consent would allow you to put this unit into play

The cottages are all very spacious & well appointed. All units also have full kitchens and renovated bathrooms (2 -3 years ago), coupled with private parking and veranda patios for all units.

Additional features:

• A 10 x 5 concrete swimming pool
• An octagonal communal picnic & BBQ area. This is purpose built for large sports/fishing & corporate groups
• A very sizeable laundry / storage area.

Owners Accommodation

This elegant 216m² property is an eye catcher! With 3 bedrooms, a huge well appointed kitchen, air conditioning and wraparound decking will have your mind ticking over! This heritage home is perhaps the perfect venue for boutique weddings? Corporate events?

Why not call me today to arrange an inspection to see how this property would suit your plans for the future!!

Auckland - Ellerslie
+64 9 555 6055
+64 22 156 9330

Gordon Fridge

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.