WHANGAMATA: 27 Unit Resort In The Coromandel. Management Rights Including Owner’s Apartment $680,000
$680,000 Plus GST (if any)
About the business
This top quality resort is conveniently located within short walking distance of the main retail centre of Whangamata, its ocean beaches and harbour. Set in 2 ½ acres of well landscaped grounds the units spread around the periphery of the property with guest facilities and amenities strategically positioned for all to enjoy.
Units are typically two bedroom apartments of 45sqm floor area with full kitchen facilities in single and two-level accommodation blocks. Almost all have been refurbished in the last few years.
The owner’s property comprises a single level two bedroom, two bathroom unit with large living area extending out onto 40sqm of decking set in private landscaped grounds on 300sqm of land at the main entrance to the resort.
With the freehold title to the Owner’s Property comes the Management Rights which currently has 5-yearly renewals in place to 2030. The Management rights offers owners a generous salary plus 12.25% of all guest accommodation bookings. Opportunities exist for additional income for the owners from areas currently outsourced.
This is a great lifestyle, investment and income opportunity for a couple in one of New Zealand’s iconic holiday destinations.
We would welcome your enquiry on this management rights for sale in Whangamata via this website or by phoning CHRIS WONG on 09 551 0154 or 021 106 6188.
Agents Details
Chris Wong
- M 021 106 6188
- D 0800 263 339
- W 03 366 9040
- View My Profile
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