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Lighthouse Motel

$1,250,000

Freehold Going Concern Northland

ID: 1779

Motel for sale in Waipu, Northland.

Property Name:
Lighthouse Motel
Address:
30 Cove Road, Waipu
Property Type:
Motels
Sale Type:
Freehold Going Concern
Price:
$1,250,000 
Region:
Northland
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Kamal Sharma

Kamal Sharma

Broker | Northland-Nth Shore/West Akld

M: +64 22 0515 782

kamal[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Freehold going concern motel and restaurant
  • Land size approx 1,644m2
  • Floor are approx 726m2
  • Rating Valuation $1,515,000

Kamal Sharma

Broker | Northland-Nth Shore/West Akld

Contact Agent

Kamal Sharma

Mob: +64 22 0515 782

Email: kamal[at]resortbrokers[dot]co[dot]nz

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 The Lighthouse Motel is on the main road and is in the heart of Waipu.

 

This motel complex is situated towards the eastern extremity of residential development within the Waipu township. To the east of the property lies industrial development including a sawmill, whilst to the north is undeveloped farmland and to the west, established residential properties.

 

Whangarei is approximately 38km’s to the north, whilst Auckland is approximately 1 1/2 hours drive to the south.  Cove Road is the main road through Waipu leading to the East coast through Waipu Cove, Langs Beach and Mangawhai Heads.

 

What We Are Selling:

Land, building and the business.

The motel features a very nice restaurant and bar catering both to the residents of the motel as well as the public.

The kitchen has been revamped for better yield and operations.

The restaurant has casual seating and new operators could add coffee on the go if they wanted to.

There is a small laundromat open to the public as well.

There is a separate small flat given on long term rent.

This motel does require some fresh energy and some additional work to enhance the exterior of the building.

 

The motel consists:

  • 6 x self-contained units
  • 5 x lodge/backpacker rooms that have shared kitchenette and bathrooms
  • 1 x one bedroom self-contained flat
  • 1 x two bedroom owners home

 

There is a shortage of long term rental in the township.

The motel/restaurant could suit a young family with some passion for food production/kitchen.

The business level is increasing day by day.

There is a separate concept plan available for any interested parties.

 

Get in before summer as this one will not last at this price.

All viewing strictly by prior arrangement.

 

 

 

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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Kamal Sharma

Kamal Sharma

Broker | Northland-Nth Shore/West Akld

M: +64 22 0515 782

kamal[at]resortbrokers[dot]co[dot]nz

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