Ad ID: 82680

Waipu Cove Resort Business for Sale Waipu

Lifestyle, Business and Investment in one!

Price by Negotiation

Business for Sale Description

Waipu Cove Resort Business for Sale Waipu

 Land area 2,300sqm

• Floor area 550sqm

• Managers apartment 208sqm

• Total units 12 (stratum estate freehold)

The Waipu Cove Resort is situated less than 100 metres from the beautiful Waipu Cove Beach, and the Pacific paradise of Bream Bay. Waipu Cove is situated 90 minutes North of Auckland, or 80 minutes South of the Bay of Islands. Here you can enjoy kilometres of golden sand, swimming, surfing, fishing, fossicking in rock pools and walking in secluded surroundings including a bird sanctuary.

It features a heated swimming pool, heated spa pool, guest laundry, BBQ and outdoor picnic area with tropical gardens and on site car parking. The resort offers quality holiday and short term rental accommodation. The business is owned and profitably operated under management rights. In addition to the operating company the business owner of approx. 6 years also owns the substantial family lifestyle apartment featuring 4 bedrooms, 3 bathrooms, multiple living areas, private decks, garage plus workshop. This apartment could also provide additional rental accommodation and income if not used for managers living quarters.

The resort has 12 units of varying sizes all individually owned under a body corporate agreement and consisting of 8 one-bedroom units, 1 two-bedroom unit, 1 three-bedroom unit, plus an additional three bedroom unit that also converts to separate two bedroom and studio unit. The individual unit owners enjoy very positive rental income from their investment and also ample use of their units for their own enjoyment.

The unique opportunity exists to purchase the operating business including owners apartment (to manage under current arrangements) and/or to also purchase the 8 accommodation units also on offer and to reap the additional income and investment potential of this rare offering. 

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Bayleys Company Sales
For more info

Carolyn Hanson

021 380 806
Bayleys Business Sales
Licensed REAA 2008
Broker Ref: 1688206

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