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Parklane Motor Inn

POA

Freehold Going Concern Auckland

ID: 1805

Auckland Hotel

Property Name:
Parklane Motor Inn
Address:
2 Rewiti Ave, Takapuna, Northshore City, Auckland
Property Type:
Hotel
Sale Type:
Freehold Going Concern
Price:
POA 
Region:
Auckland
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Wayne Keene

Wayne Keene

Director | Central Auckland

M: +64 21 666 991

wayne[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Freehold going concern 32 room hotel
  • Approximately 500 metres from Takapuna precinct
  • Freehold Land approximately 3097m2
  • Room for further development

 

 

 

Wayne Keene

Director | Central Auckland

Contact Agents

Wayne Keene

Mob: +64 21 666 991

Phone: +64 9 369 9702

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

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Leanne Bate

Broker | Waikato & East, South, North Auckland

Leanne Bate

Mob: +64 21 0350049

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

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Parklane Motor Inn is a purpose-built 32 room hotel-style complex.  The property dominates the corner of Lake Road and Rewiti Avenue and is approximately 500 metres away from Takapuna commercial precinct and approximately 300m west of Takapuna beach.  Access to the beach is within a short walking distance at the end of Rewiti Road.

Most importantly the property is diagonally opposite the intersection of Lake Road and Esmond Road, being one of the main gateways from the Northern Motorway to the south and residential suburbs of Takapuna, Hauraki, Narrow Neck and Devonport.

 

The property is well serviced by public transport.

 

The hotel consists of 3 buildings on a total land area of approximately 3097m2 and Council documents report a total floor area of 2160m2.  The configuration of the rooms are as follows:

                                          Approximate area (sqm)

Queen Studio      13           25-35   

Twin Studio         12           29-32   

Spa Studio            5           30-34

Family Studio        2           30-33

 

There are also 3 conference rooms, the smallest being more of a boardroom style catering for around 12 delegates. The other two rooms can accommodate between 30 and 50 people, the larger of the two has the benefit of a commercial kitchen and breakout area to the pool.

All of the conference rooms are part of the main core building which also includes a 4 bedroom, 2 bathroom, owners accommodation.

 

Zoning

The zoning is described as Residential 9C.

Residential Mixed Housing Urban Zone – Auckland Unitary Plan Operative in Part 15 November 2016, with planning maps updated as at 17 January 2020.

 

Rating Valuation – 1st July 2017

Land Value                                        $10,050,000

Improvements Value                         $  2,700,000

Capital Value (Rating Valuation)       $12,750,000

 

Summary

Parklane Motor Inn is substantial in size and could sustain a management structure. The current owners have invested in some refurbishment which includes air conditioning/heat pumps and new bedding throughout, four rooms have been totally refurbished.

 

Resort Brokers are representing the vendor as Sole Agents.  Inspections are by way of appointment only and can be arranged by contacting Wayne Keene or Leanne Bate.

 

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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Wayne Keene

Wayne Keene

Director | Central Auckland

M: +64 21 666 991

wayne[at]resortbrokers[dot]co[dot]nz

Confidentiality

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