Pacific Harbour Lodge On Coromandel Peninsula NZ For Sale

Business description

Great Lifestyle + Superior Home + Successful Business

Leasehold interest: Offers over NZ$1m (+GST if any)

Option to purchase the Freehold!

The Coromandel Peninsula is where Kiwis go on holiday and a favourite tourist destination. The Coromandel offers a huge range of the activities for which New Zealand is renowned, from natural wonders to mad adventures. And Tairua, location of this wonderful tourism business, is an established and preferred resort town right in the midst of it.

Pacific Harbour Lodge is a Successful Accommodation Business:

The Lodge is beautifully set in lush lawn and garden bordering the delightful Tairua Estuary. The majority of accommodations enjoy water views. White shell drives and pathways meander through the complex, leading guests to their own chalet with dedicated parking alongside.

31 units, the majority in stand-alone chalet style, offer luxury self-catered but fully serviced accommodation in well-equipped units. Each chalet has its own outside deck leading onto the lawns and the foreshore. The units comprise 23 studios, 6 x 1 brm and 2 x 2-brm.

The property is purpose-built with all operational facilities designed for maximum efficiency. An ongoing schedule of maintenance and renovation ensures that the accommodation units are in excellent order.

Pacific Harbour Lodge has established contracts with tour companies (it is by far the largest accommodation provider in the area). There are forward bookings in place from tour companies for the next 3 years plus.

The current owners have developed a comprehensive manual encompassing every aspect of Lodge operations – something that will ease a new owner into managing the complex.

Full financial details are available to qualified enquirers:

In brief,

* Turnover is around $700,000 pa
* Annual Rent will be negotiated at around $225,000 pa
* Surplus of $225,000 per annum is achievable with hands on operators
* The lease will be brand new, long and fair, and tailored to suit the purchaser
* Over 20% return on capital invested is indicated
* The vendors will give the lessee first right of refusal to purchase the freehold

This is a big business that will get even bigger. It may not be cheap in dollar terms, but it is great value.

Pacific Harbour Lodge Offers an Enviable Lifestyle:

Tairua & the Coromandel Peninsula represent everything people dream about: the beauty of the landscape & coast, an inclusive community, everything you need - and nothing you don’t. All essential services are to hand, and major cities are only a few hours away - if you have to go there! There is good primary schooling in town, with secondary schools just a 40 minute bus ride away.

This is the sort of environment you want to raise your children in: or that you empty-nesters want for your own life change. The owner’s accommodation is a spacious, contemporary 3 bedroom, 2 bathroom “apartment” on the first floor. It enjoys all mod cons, extensive decking and sea views. And it’s completely private. The residence also includes a large office/control centre.

Lodge operations (and the seasonal nature of the business) allow plenty of opportunity for owners to enjoy the same attractions that bring tourists to the area. An extended family or 2 couples could run the business and take turns to enjoy what the Coromandel offers.

Pacific Harbour Lodge is the ideal opportunity to shift gears and take your life in a whole new direction.

Especially attractive to overseas buyers?

Pacific Harbour Lodge is a great opportunity for a combined lifestyle and business and may be especially attractive to migrants under the migrant entrepreneur category, offering the purchase of a business which can grow and create new employment. Plus, there is substantial owner accommodation.(Please note: we are not immigration advisors and enquirers should seek their own advice on this matter)

Freehold also available:

The vendors will also consider expressions of interest in the Freehold Going Concern at around NZ$4.5m. The purchaser of the Leasehold Interest will be offered a 5 year right of first refusal to purchase the freehold at an agreed value.

Act quickly: this is a brand new offering that will attract huge interest from serious buyers.

This lease offers access to a substantial tourism business without the capital outlay for the freehold, while retaining the option to acquire the freehold later.

Property information

Real Estate:

Real Property Included

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.