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Tairua Shores Motel

Tender closing 4pm 31 July 2024

Freehold Going Concern Coromandel

ID: 1888

Tairua Shores Motel, Tairua, Coromandel Peninsula - Freehold Going Concern

Property Name:
Tairua Shores Motel
Address:
156 Main Road, Tairua
Property Type:
Motels
Sale Type:
Freehold Going Concern
Price:
Tender closing 4pm 31 July 2024 
Region:
Coromandel
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Gordon McGregor

Gordon McGregor

Director | Coromandel, BOP

M: +64 21 998 810

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

Reasons to buy

  • Prime freehold going concern opportunity
  • Investment in not just a successful business but also prime real estate
  • Large owners home to be proud of - totally refurbished to a superior standard
  • 5 modern studios and 4 one bedroom units - some with water views
  • Ability to expand the complex with additional units and increase income
  • Suitable for a couple to owner operate without staff if so desired. Current owner chooses to use staff who are trained in cleaning and reception. These casual staff have indicated that they are prepared to stay on
  • Prestige investment where your family and friends will love your decision to invest in your future enjoying a wonderful lifestyle

Gordon McGregor

Director | Coromandel, BOP

Contact Agents

Gordon McGregor

Mob: +64 21 998 810

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

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Dale Sholson

Salesperson | Whangamata

Dale Sholson

Mob: 021 636519

Email: dale[dot]sholson[at]bayleys[dot]co[dot]nz

Download vCard

Situated only minutes' walk from the popular Tairua Township but right opposite the estuary and wharf sits the Tairua Shores Motel a 4.5 star resort (TripAdvisor rating). Spread over 1,807 square metres of near waterfront land (opposite the wharf) comprises of 9 self-contained motel units plus a substantial 2 storey modernised owner's home. The owner's accommodation in many motels is very small but that is not the case here – you will have plenty of room to enjoy with your family plus room for friends to stay.

All motel units are in good condition having been well maintained over the years and the reviews are a testament to guest satisfaction.

This is an easily run motel given its size and layout. A couple can easily run this business.

You will not regret owning this thriving business and your family and friends will thank you for doing so.

Suitable for a couple who have had enough of city life or perhaps an investor/developer looking to explore the possibility of creating unit titles and selling down the various components.

There are multiple options for this fairly unique property and business. These might include:

  1. Continue to run the freehold going concern as is
  2. As above and look at adding the additional units above the block containing the existing 1-bedroom units – consent already obtained
  3. Look to sell off a lease (business) and either retain the freehold investment (land and buildings) or sell them as well
  4. Look to unit title and sell down the complex as was done with Blue Water Motel down the road
  5. Or some combination of the above

In any event, this well located and maintained motel provides the new owner with a solid income in a beach resort thus offering a balanced lifestyle. The ingoing cost is not significant and only represents a similar amount for a halfway reasonable house in Auckland. So, you not only get a roof over your head but a business as well.

This is your chance to “sack your boss’, work for yourself, and get to change your lifestyle for the better. Imagine living in a popular beach town only less than 2 hours drive from Auckland taking time off to enjoy golf, fishing, boating, bush walking and many other pursuits. We seriously believe it would be in your interests to call us today to arrange an inspection to look into the crystal ball to view your new life.

The real bonus here is that unlike many motels where the owner's accommodation is almost an afterthought you get to live in a spacious, highly specified and recently refurbished three-bedroom home separated from the motel units but still direct access to the reception.

Click on the link below to take a 3D Tour:

https://my.matterport.com/show/?m=wpJMerDAXno

Please do not hesitate to contact a member of the project team in regard to any aspect of the content included in this document or to arrange a viewing of

the property.

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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Print + Watchlist View Similar Listings
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Gordon McGregor

Gordon McGregor

Director | Coromandel, BOP

M: +64 21 998 810

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

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