Idyllic Te Mata Lodge In Coromandel Peninsula For Sale

Business description

The Ultimate Coromandel Lifestyle Opportunity
Freehold Going Concern: Offers over NZ$950,000(+GST if any)

Lovely Estate & Home
Easily-run Business
Growth Potential
Lifestyle
Perfect!

Te Mata Lodge is nestled in 10 acres in an idyllic private valley on the Thames Coast, 20 minutes from Thames and 30 minutes south of Coromandel Town. The land is bordered by bush and stream, and is landscaped to include grassy lawns, riverside gardens, swimming holes, BBQ areas, bush walks, native tree trail and glowworm grotto.Overseas guests find it provides a “real New Zealand experience” with the bush, stream and relaxed, peaceful ambience. Locals enjoy bringing their children to experience what a NZ holiday used to be – carefree, adventurous, and in a safe, happy place to unwind.

Cottages & Cabins for Flexible Accommodation Options:
Te Mata Lodge has Thames-Coromandel District Council resource consent for 30 guests, in:

4 self-contained 1 & 2 bedroom cottages. 2 were built in 2006, 2 are older, but well-maintained and in good condition.
6 cabins which are not self-contained. 2 are booked as “double cabins” providing guests with a TV/lounge cabin AND a sleeping cabin. 2 single cabins are used for overflow guests.
The ablution block for the cabins includes 5 toilets, 6 hand basins, 2 showers, fully equipped kitchen and small laundry room.

The Business is Growing:

Te Mata Lodge has established a reputation as a relaxing, rejuvenating, affordable and comfortable holiday destination. The business has experienced significant growth every year over the past 7 years – over 850% since it was purchased in 2003.

The worldwide recession did take its toll in 2010-2011, but the 2011/12 season is already up 48% YTD. Financial statements will be available to qualified enquirers.

The potential for further growth is limited only by the imagination as the location (1 ½ hours from Auckland, Hamilton and Tauranga, in one of the most popular and scenic locations in New Zealand) and resource consent provide wide opportunity. There is good repeat business and word of mouth advertising. The website is well-developed and the business has established sustainability policies and practices.
Operation:

The current owners manage the day to day operation without additional staff – this includes the booking, cleaning, gardening and landscaping. Only one person need be on hand at all times.

Working as a team, the owners can normally completely make up a unit in about 45 minutes, daily servicing takes anywhere from 10 minutes to an hour; lawn mowing and weed whacking will take about 2 ½ hours.

The business is currently very seasonal as the owners take time for themselves over winter.

There will be a detailed operations manual for the new owner – and the vendors will be retiring in the area and happy to assist with the transition.
The Lifestyle is Unequalled:

Te Mata Lodge is a great place to live.

The attributes that are so attractive to the guests are the owners’ - day in, day out - to be shared with family and friends.

The 180m2 house (less than 10 years old) is a solid, comfortable and well-designed family home with three large bedrooms, French doors that open out to the three covered decks, a big mezzanine floor, polished matai wood floors, high spec kitchen and bathroom with great views over the river.

The silence of the early morning broken only by bird call and the endless song of water running over rocks, the privacy and gorgeous outlooks all contribute to the pleasure of living in this beautiful valley. In summer, the swimming holes are refreshing and the pohutukawa are in bloom. In autumn the foliage changes and the slight chill brings out the scents of the native bush. Winter is not bleak as the colours of the bush contrast with the grey skies and the well-insulated house is cozy, heated with a very efficient wood burning stove which keeps the house dry and warm and ensures ample hot water. Of course, spring brings the blossoms and the new growth – a great time of year everywhere, but especially lovely in this little valley.

Property information

Real Estate:

Real Property Included