57 Mill Bay Road Mangonui | Barfoot & Thompson

57 Mill Bay Road, Mangonui

For sale by negotiation

Acacia Lodge Motel - Priced less than build cost


Now is your opportunity to purchase the freehold going concern of Acacia Lodge Motel, a landmark colonial-style Motel complex located right in the historical township of Mangonui. Vendor financing is available. The motel has a 2018 market valuation of $1.9 million and the vendors would look at all offers.

Acacia Lodge Motel offers accommodation with spectacular views across Mill Bay/Mangonui Harbour with a range of units, suitable for all guest types. At Acacia Lodge you can experience waking up to the sunrise over the water, taking a swim in the heated saltwater pool before taking an easy stroll around the bay to the village cafes, restaurants, and the famous Mangonui Fish Shop.

The Motel is in the subtropical Far North/ Doubtless Bay's region and is perfectly suited for an owner-operator or large enough to be run under management. Buying a 3 star + motel is the perfect fit for the Kiwi tourism market and
recent monthly turnover reflects a significant increase in turnover.

The Motel features:
• 15 units plus 2 x separate accommodation units for management (or adding to letting pool)
• 14 units all boast amazing water views and have private parking
• The current manager's residence has a private north-facing balcony, two bedrooms, and two bathrooms
• Heated saltwater pool and sun deck
• One swing mooring included in sale
• BBQ's/Wireless internet access/Sky TV/Tour desk/Laundry service/Conference room
• Wheelchair facilities are available
• Off-street parking on ground and first floor
• Positive online brand presence
• The third floor has new floor coverings

For everything commercial and for further information, contact Regan. Full valuation available.
Viewings strictly by appointment only.

Property details

Location:
57 Mill Bay Road, Mangonui
Land area:
1758 m²
Property ID:
84639

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