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*** SOLD ***
Absolute Waterfront Resort - Bay of Islands
Listing: #19541
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About this Business for sale in Far North
Absolute Waterfront Resort - Bay of IslandsYour chance to buy motel units on separate titles + management rights + restaurant, bar & pool + holiday park & conference facility – freehold! This is a very rare opportunity in an incredible location. With the stunning Haruru Falls as your panoramic backdrop and Paihia township just a few kilometres away, this comprehensive package of assets is now for sale by Tender. 28 Motel Units – Strata Titled Of the 28 motel units at Haruru Falls Resort, 24 are available with the remaining 4 units potentially available by negotiation. With each unit on its own title, the possibilities for the future are endless. Continue to operate the resort in its present format or reconfigure to become an education facility, health retreat, international conference venue, etc. Management Rights / Custodian Agreement Presently operated under a management rights setup, the owner has the ability to let all 28 motel units to generate revenue. Further, with 24 units bought freehold, the four remaining units are still covered by the management agreement and are thus still beneficial to the purchaser! 5 Acres of Land (approx. 20,000 m2), Buildings, Facilities This is what tops off the ultimate property package! In addition to the freehold units and management rights, you’ve also got the opportunity to buy the accompanying land, buildings and facilities that together make up the resort complex. These assets include: - 90 seat restaurant / bar complex with fully equipped kitchen - Dedicated conference centre - Separate Management office - Reception with back office - 3 Bedroom managers house - Holiday park which comprises 35 powered campsites with separate laundry room, shower block and shared kitchen and Backpacker unit - 22m swimming pool - Helicopter parking facilities - Dedicated jetty - Reception area & tour desk - BBQ, volleyball and trampoline area Now there’s a comprehensive opportunity. Sale Process The assets as described above have been made available for sale by Tender. Tenders close 25th November 2015 at 4:00pm. The vendor reserves the right to accept prior offers made by way of private treaty. This tender requires two separate but contemporaneous offers as described in the tender documentation: 1. Motel units. 2. All other assets Full information on this opportunity will only be provided on completion of a confidentiality agreement. For further information on the tender process or to arrange a time for a confidential viewing, contact Michael Osborne – 027 242 6881 / michaelo@linkbusiness.co.nz
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.