Freehold Motel PLUS 1 Neighbouring Residential Property
Listing: #BPW00129About this Business for sale in Thames-Coromandel
Freehold Motel PLUS 1 Neighbouring Residential Property
Prime Peninsular Water Front position on the Firth of Thames.
A unique site offering prime development venture or property investment 1.5 Hrs from Auckland.
Offering over 3000 sqm more or less, consisting of two separate titles.
Property One: 3-Bedroom Home, Double Garage. 744sqm more or less. $500,000 plus GST (if any)
Beside the Tararu stream on a fully fenced site this 1970’s original condition split level Brick and Block Home with Decramastic Roof. The basement has a double garage with workshop attached and laundry. Above this is the Lounge, Kitchen, Dining with Deck and water views. The middle level houses the entrance foyer and three bedrooms and bathroom.
Property 2: Only Waterfront Motel Complex in Thames. 2318sqm more or less. $1,100,000 plus GST (if any)
Offered for the first time to the Market in 17 Years this waterfront Freehold Motel is minutes from the CBD of Thames. Situated on the Main Coast Highway of the Coromandel, traveled by thousands of tourists daily. Easy access for launching a boat and fishing at your doorstep.
Motel Configuration:
- One x 3 Bedroom Unit with Reception
- One x 3 Bedroom Stand-alone House
- One x Studio Unit
- Five x 1 Bedroom Units
- One x 2 Bedroom Unit
- Ample Car & Boat Parking
- Vendors will consider options of properties being sold individually.
View by appointment only. Please contact Mike Chote.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
*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.