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Your Award Winning Luxury Dream In Paradise For Sale

Rarotonga, Cook Islands
Asking Price:
Over $5M (NZD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Amazing opportunity to acquire an award-winning 5-star luxury boutique resort of 7 villas and Spa in Rarotonga, Cook Islands - one of the world's untouched Paradises only a short flight from Australia or New Zealand in the South Pacific Seas.

Set over two absolute beachfront locations in a highly sought-after area of famous Muri lagoon amidst tropical gardens accented with water features, limestone masonry walls and gated courtyards.

Ranked #1 Top Resort in Rarotonga by travellers on TripAdvisor and multi-award winner for its world class luxury standard. This resort sets the benchmark for top class luxury accommodation on this Paradise island.

Well-appointed villas of unique architectural design harmonising with the natural environment. All have 2 bedrooms, 2 bathrooms, spacious open living/dining/kitchen, large beachfront deck and
a private gated courtyard area at the rear with private pool, limestone masonry walls and cascading waterfalls - some streams meandering through the villa. 5 villas have an additional heated spa pool.

Villas feature interiors luxury furnishings and furniture, state-of-the-art television screens, high-vaulted ceilings, and marble flooring throughout.

Top 3 treatment Spa facility with state-of-the-art vichy shower and indoor waterfalls.

Purchase includes:

- 2 Beachside Romance Villas
- 2 Beachfront Romance Villas
- 1 Platinum Beachfront Villa
- 2 2-Level Beachfront Spa Villas
- Day room, Spa facility, office, kitchen, laundry, manager's flat premises.

Very attractive real estate investment returns in Rarotonga's thriving tourism industry and honeymooners market.

The resort is the location for many weddings.


Price On Application.

Enquire now for full details.

Property information

Real Estate:

Lease

Lease Terms:

One Plot of land 2,644sqm on 46-year lease; One Plot of land 980sqm on 43-year lease.
Leases in Rarotonga are max 60-year terms and are normally renewed by negotiation about two-thirds of the way through their term. Rent review every 5 years.

Leasehold Rent:

POA per annum

Living Accommodation:

This investment is fully managed for the new owner (under sold management rights). The managers currently live on-site in the manager's flat premises and pay rental to the resort owner.

Location:

Highly sought-after area at the edge of famous Muri lagoon of the capital island of Rarotonga. A quiet secluded location away from the larger resort accommodation, and just a 5-10 minute stroll from excellent cafés and restaurants.

Premises Details:

Two absolute beachfront locations on a pristine white sandy beach at the edge of the crystal clear lagoon amidst lush tropical gardens accented with white limestone masonry walls, water features and private gated courtyards. One location has 2 beachside romance villas, 2 beachfront romance villas, Platinum beachfront villa, office, kitchen, laundry, manager's flat premises. The second location has 2 2-level beachfront spa villas, day room and Spa facility.

Size in square feet:
39,000

Business Operation

Expansion Potential:

Fully developed resort

Competition / Market:

There are 3-4 direct competitors in the area, however this resort has continued to remain top of the market and sets the benchmark for top luxury accommodation in Rarotonga. It continues to rank "No.1 Top Resort in Rarotonga" by travellers on TripAdvisor and has won multiple awards for its world class luxury standard.

Trading hours:

24/7 operation as required

Employees:
5-7
Years established:
17 years

Other Information

Support & training:

Full support provided. Managers already in place for the new owner(s) to take care of the day-to-day operations

Contact Broker

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