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Anchor Lodge Resort

$5,900,000

Freehold Going Concern Coromandel

ID: 1083

Anchor Lodge, Coromandel - Freehold Going Concern

Property Name:
Anchor Lodge Resort
Address:
448 Wharf Road, Coromandel Town
Property Type:
Motels
Sale Type:
Freehold Going Concern
Price:
$5,900,000 
Region:
Coromandel
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Gordon McGregor

Gordon McGregor

Director, | Coromandel, BOP, Auckland CBD

M: +64 21 99 88 10

gordon[dot]mcgregor[at]bayleys[dot]co[dot]nz

Reasons to buy

The sale of the Anchor Lodge Motel offers an astute investor or a group of investors a unique opportunity to secure excellent returns from a solidly preforming asset.

The current structure of the property and business offers the new owner(s) the ability to operate the business under management or look to on sell the Lease.

 

  • Freehold Going Concern Motel with 20 units
  • 4,224sqm of freehold land
  • Set in the popular tourist location of Coromandel Township
  • Demonstrating very high returns for an owner operator
  • Consistent occupancy rates exceeding 53% over the past 3 years
  • Ability for a passive investor to on sell the Lease
  • Very high yield investment can be run either under management or by new Lessee
  • Suitable for two couples

 

Gordon McGregor

Director, | Coromandel, BOP, Auckland CBD

Contact Agent

Gordon McGregor

Mob: +64 21 99 88 10

Email: gordon[dot]mcgregor[at]bayleys[dot]co[dot]nz

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Also for sale is the Business only 

No. of Rooms:

20 Rooms + Back Packers

Configuration:

20 x Suites consisting of:

  • 2 x luxury spa Apartments (sleeps 2-6)
  • 12 x Suites (sleeps 1-3)
  • 3 x Family Suites (sleeps 2-6)
  • 3 x Spa Suites ( sleeps 1-3)

(includes 3 x disabled & 3 x adjoining rooms)

All Suites are of a very high standard and are fully self-contained. Great thought has been put into the design, layout and location of these suites utilising the native planting and sea views to their fullest.

Backpackers Complex consisting of:

6 x Bed Male Dorm

9 x Bed Female Dorm

3 x Double Rooms with deck & Sky TV

2 x Double Rooms with deck & Sky TV

Size-able Ladies bathroom facilities

Size-able Male bathroom facilities

Size-able coin operated internet site

A purpose built backpacker’s complex that offers guests quality facilities and features. Exceptionally configured to ensure there is a room/bunk for everyone - from the trendy upmarket mature couple to the European backpacker. All guests enjoy the communal kitchen/lounge or a conversation with one another on the deck while enjoying the sea views.

Pool Side Complex - Swimming & Spa Pool

This poolside complex is a fantastic area that opens out to the heated pool and deck. Complete with bar and SKY TV with a unique fishing theme and frequently utilised by larger tour groups for breakfasts or fishing groups/sports teams for social events as well as corporates for team building exercises

Owner’s Quarters:

Owner’s quarters, like the motel, are substantial. Set on two levels – these spacious premises comprise 150m2+ (not including decking) of 3 x large bedrooms with 3 x bathrooms with large modern kitchen, decking with sea views and a spacious living area. Few motels have such an exceptional owners home. The lessees will enjoy the spaciousness and ambience. A happy tenant is an important attribute of a stable business.

Age:

Built circa 2002 but subsequent additions, alterations and improvements.

Features:

Freehold Going Concern consisting of:

Land on 3 x titles totalling a massive 4,224 square metres (over one acre)

 

For further information please complete the online confidentiality agreement in yellow on the right hand side of the listing.

Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.

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Gordon McGregor

Gordon McGregor

Director, | Coromandel, BOP, Auckland CBD

M: +64 21 99 88 10

gordon[dot]mcgregor[at]bayleys[dot]co[dot]nz

Confidentiality

To access information about this listing please follow the link below and complete the Confidentiality Agreement Form.

Confidentiality Agreement Form

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