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Kaitaia, Far North

Home & motel business on tourist route

LISTING ID: CBH00916

Kaitaia, Far North

Sold

Land Size: 1644 m2
Dwelling Area: 430 m2

Property Details

Looking for an INVESTMENT or LIVE-IN BUSINESS OPPORTUNITY in Far North beach paradise? This tidy motel complex with live-in managers residence in central Kaitaia is a great value option with lots of potential to be realised. The property and business on offer includes a 2 bedroom Owners Quarters, 7-8 motel units and 1644 sqm of land on the main tourist trail heading north. The complex has had some recent renovation and updating undertaken and is set up for online bookings, ready to cash in on the ever-increasing tide of tourism flooding the District.

The Owners Quarters are very spacious and modern, with semi-open plan living, and an adjacent studio unit for accommodating guests or family. The reception and office for the motel are attached with internal access, making it easy to man the front desk without having to sit in the office all day. The motel extends behind the managers Quarters with 3 studio units, 2 one bedroom units and 2 two bedroom units, providing comfortable and affordable accommodation options. There is also a separate double garage, and a laundry facility adjacent to the Owners Quarters.

Within the last 12 months the exteriors of the complex have been repainted and new chattels (4 stoves, 8 fridges and new TVs), new carpet and new lino have been installed in the units. The wifi system has been upgraded and electrical work undertaken. There is also a new reservations program in place with bookings being taken through Booking.com and Expedia.co.nz; a massive improvement on the previous system which relied on phone bookings and walk ins.

The overall package of land, home and business is a great package offered at a very affordable price of $569,000 + GST (if any)

Contact Michael Healy for further information or to arrange and appointment to view.

If you would like to view this property or discuss similar listings in this area I have available, please contact me for further information.
Michael Healy Email Michael Healy
Michael Healy
Principal
p:
09 406 1005
h:
09 406 1289
m:
029 406 1289
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