Ad ID: 119871

Accommodation Business for Sale Bay of Plenty

Beachfront 5 Star Accommodation Business & Freehold Apartment

Location:

Bay Of Plenty

Asking:

$1,399,000

Type:

Accommodation-Other

Why buy this Accommodation Business

Accommodation Business for Sale Bay of Plenty

A Management Rights Business and Freehold apartment with distinction!

Ohope Beach Resort is a pure 4.5-star business without compromise! The 31-apartment resort was built to exacting standards, boasting multiple swimming pools, spa pools, a tennis court, fitness room, sauna, games room, and a large communal meeting / conference room with a fully self-contained kitchen.

This resort, designed for discerning owners and like-minded hotel guests in search of quality amenities, makes no concessions. Situated on Ohopes isthmus, the resort is opposite NZ's most popular beach - Ohope Beach and from the other side, borders Ohiwa Harbour. This provides guests with options of freshwater swimming pools, surfing, or flat-water harbour recreational activities.

Ohope Beach Resort comprises 2 x 3 story towers, and 2 other low rise apartment buildings comprising 31 fully self-contained apartments. All apartments are presented to an exceptional standard and attract premium tariffs.

The superb owners apartment is on the ground floor comprising 2 bedrooms and 2 bathrooms, a spacious open plan kitchen, dining, and lounge area opening to a deck overlooking one of the swimming pools.

This Management Rights business has two aspects to the income streams - appointed and acting as the Building Manager, plus managing investment owners apartments in the hotel letting pool. This business offers boutique, fully self-contained beach or harbour facing apartments with 17 apartments currently in the letting pool comprising, 2- and 4-bedroom apartments with balconies / decks.

The business and apartment must be purchased together. The Body Corporate Chair and Committee are committed owners and will ultimately provide approval for the sale assignment of the Building Managers role.

Exceptional lifestyle and lucrative business

Fantastic Ohope Beach / Harbour location

Consistent occupancy, reliable profits with growth options

Repeat corporate, domestic, and leisure clientele

Adjacent to the General Store, minutes walk to Fishermans Wharf restaurant, minutes drive to Ohope golf course, public boat ramps and minutes from Whakatane.

This is an exceptional business opportunity offering a rewarding lifestyle in a premium location!

Asking $1,399,000 for the real estate and business.

To find out more watch the video here: youtube.com/watch?v=ZuIvY4AcPGc or go to linkbusiness.co.nz/EL04276 and press the Enquire Now button to complete an online confidentiality agreement.

Lindsay Sandes on 021 895 940, lindsay.sandes@linkbusiness.co.nz

Links Accommodation Specialist

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

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