FREEHOLD Motel, Whangamata, Land & Buildings
Listing: #EL01582Gordon Fridge
Broker | Bay of Plenty

About this Business for sale in Thames-Coromandel
FREEHOLD Motel, Whangamata, Land & BuildingsSouthpacific is a complex with the x-factor! Perfectly situated for premium eye-catching street appeal with its distinctive ‘tower’, on the main access road into Whangamata. Southpacific oozes with designer touches throughout.
The licensed café/bar, 25 person conference room and 13 units are presented to a very high standard. The complex is centred round a very attractive ‘oasis’ of well-planted gardens.
The owner's accommodation has 2 x large bedrooms, with 2 bathrooms. Double garaging completes what is a fantastic home.
Features:
- Land area – 1699m2, floor area – 661 m2
- Offering very good ROI for an astute investor
- Built in the 1990’s with a majority of the units have been totally fitted out to present an excellent standard of quality
- 13 x spacious rooms with a variety of kitchen facilities
- Designer licensed café with commercial kitchen
- Conference facility for 25 guests
- Guest Laundry & Spa pool
- 2 level owner’s accommodation, with 3 bedrooms, 2 bathrooms, garaging
- Very well-maintained and managed motel
- Close to all cafes, restaurants the New World supermarket & beach
Reference: EL01582
*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.