"Reduced Price! Must Go!" $240,000 Net Profit



Proposed Usage
Tourism & Hospitality
Property ID

Management Rights $395,000. The asking price is to include the Reception & Conference Facility, which has a GV of $560,000. The owner's apartment is also available to purchase or rent.

A beautifully presented management business with 20 modern, self-contained apartments ranging from 1 bedroom, 2 bedroom or 2 bedrooms with sleepout, which allows accommodation for most circumstances.

An easy stroll to the white sands of Buffalo Beach, Whitianga and just a few minutes walk to town and the ferry pier which sees plenty of families returning year after due to Oceans Resort unique position.

Well established business with solid trading history from its inception 15 years ago, strong forward bookings through to April 2019 provides a new owner with a healthy income straight of the bat.

All the hard work has been done, it's time now for a new owner to take this business to the next level with plenty of growth potential in increasing the letting pool and maximising the conference room facilities.

A stunning, purpose-built conference facility is one of the major features of this resort. Seeing is believing - this beautifully presented facility seats up to 70 guests with a fully functioning commercial kitchen.

Other facilities include a heated swimming pool, tennis court, and a children's playground.

Reasons To Buy:

1. Quality work/lifestyle balance
2. Location Location Location
3. Plenty of growth potential
4. Multiple income streams.
5. 20 apartments in letting pool of 70 within the complex
6. Awesome website
7. Conference room licenced for up to 70 guests for functions.

Please feel free to contact Warren - 021 141 5844 for further information.

Total Purchase Price $955,000 (includes Reception & Conference Facility)

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