Arty Apartments on Prime Cameron Road location in Tauranga! Business for Sale Tauranga

Description

Business type: accommodation business

Business name: Arty Apartments

Location: 356 Cameron Road, Tauranga, New Zealand

Current status: established operating business

Operating setup: fully refurbished

Price: $250,000 plus GST if applicable

Previous price: $350,000 plus GST if applicable

Price reduction: $100,000

Accommodation

Apartments: 3

Total rooms: 9

Apartment 1: 5 bedrooms

Apartment 1 guest capacity: 10

Apartment 2: 2 bedrooms

Apartment 2 guest capacity: 4

Apartment 3: 2 bedrooms

Apartment 3 guest capacity: 5

Shared facilities

• Fully equipped kitchen
• Lounge
• Dining area
• Laundry facilities

Off-street parking: available

Premises

Refurbishment completed: September 2024

Site position: high-traffic area

Tauranga Harbour: nearby

City amenities: nearby

Lease

Lease term remaining: 14 years

Potential uses

• Airbnb accommodation
• Backpacker accommodation
• Long-term rental accommodation
• Short-term accommodation

Operating history

Current owner's accommodation business experience on Cameron Road: 10 years

Current owner: has operated multiple accommodation businesses in the area

Potential buyers

• Owner-operators
• Accommodation investors
• Airbnb operators
• Backpacker accommodation operators
• Short-term accommodation operators