42 Selwyn Road Paihia | Barfoot & Thompson

42 Selwyn Road, Paihia

For sale by negotiation

29 Unit Motel FHGC Bounty Motel


Rare opportunity to purchase the freehold going concern of Bounty Inn Motel, located right in Paihia township, in the stunningly beautiful Bay of Islands, the birthplace of New Zealand. The motel consists of 29 units, conference room/secondary managers accommodation plus a 3 bedroom, large open plan managers residence overlooking the sea.

Location is everything and motel guests enjoy walking to beaches, cafes, restaurants, shops, ferry wharf, and the information centre.

Waitangi golf course is only a short drive away, Waitangi Treaty Grounds & Museum is in walking distance and scenic Russell only a short & relaxing ferry ride away.

Motels of this scale are not common in Paihia and are more efficient to operate. With strong forward bookings for the summer season, it is setting a firm foundation for the new owners to build on. The motel could be operated by an owner-occupier or is large enough to be run by managers or lease out.

The site also holds development potential with generous height restrictions. The freehold property is 3063 m².

For everything commercial and a comprehensive information pack, contact Regan.

Property details

Location:
42 Selwyn Road, Paihia
Land area:
3063 m²
Property ID:
85113

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