Freehold Accommodation Business for Sale Coromandel

Description

Business type: accommodation property and management rights

Location: Thames-Coromandel, New Zealand

Asking price: $2,499,000 plus GST if applicable

Property

Ownership: freehold

Building size: approximately 596m²

Levels: two

Ground floor units: three motel units

Upper level: three suites

Additional accommodation conversion: possible

Location

Position: gateway to the Coromandel Peninsula

Road access: State Highway

Nearby area: Tairua waterfront

Management rights

Business included: Pacific Harbour Villas Management Rights

Management term: long term

Letting pool: established

Letting pool expansion: possible

Additional unit purchases: possible

Growth

• Add further accommodation units
• Increase the letting pool
• Purchase additional managed units

Buyer profile

Ownership option: passive investment or owner-operated business