Freehold Accommodation Business for Sale Coromandel

Description

Freehold going concern accommodation opportunity with separate management rights business in Thames-Coromandel, offering a prime coastal investment.This property is located at the gateway to the Coromandel Peninsula along the scenic State Highway, just steps from the waters of Tairua. The offering combines lifestyle and income in one of New Zealand’s most desirable regions. The sale also includes the Pacific Harbour Villas Management Rights business, a growing operation with significant potential.Purchase highlightsFreehold building* Approximately 596m² two-level property* Configured with 3 ground-floor motel units and 3 upper-level suites* Potential for easy conversion to additional accommodation unitsManagement rights business* Long management term in place* Reasonable letting pool numbers with opportunity to expand* Option to purchase additional units to increase the letting poolSummaryA versatile commercial property and business with scope for expansion and growth in a high-demand tourist area. Suitable as a freehold passive investment or a hands-on business with strong potential.Asking price $2,499,000 plus GST if applicable