Here is a fantastic opportunity to purchase the freehold going concern of Lighthouse Motel, located in Opononi, on State Highway 12.
Located opposite the beach, this motel is the only motel style accommodation in Opononi. The luxurious three-bedroom, two-story manager's house has sweeping views of the Hokianga Harbour and the sand dunes. The motel configuration is 4x two-bedroom units, 6x one-bedroom units, and 2x studio units. The motel offers a guest spa pool, BBQ area, parking and WiFi, not to mention the beautiful west coast sunsets.
We have two prospective interested tenants for the Motel, we encourage enquiries for the land & buildings (Freehold) as well as the Freehold Going Concern. Ratable Value (land & buildings only) $1,160,000. The Motel was valued in January 2022 at $1,930,000.
Lighthouse Motel is located only 20kms away from New Zealand's largest Kauri tree the legendary 'Tane Mahuta', the location is an all-year destination for tourists. The motel is also conveniently located around the corner from 4Square, Opononi Wharf and numerous eateries.
With impressive profits and a beach lifestyle, this motel offering is a must see. With such a prime location, the turnover is only set to increase.
The Motel Features: • 12 units • 3-Bedroom Managers house • Guest spa pool • Covered outdoor barbecue area set in a beautiful garden setting • Wireless internet • On site parking • Separate guest and motel laundry • Positive online brand presence and guest reviews • Well maintained and positioned for future growth
Freehold Commercial Land: 2,302m² over two titles Freehold Going Concern (Land, buildings and motel business)