For Sale: Land, Buildings & Business
Paihia, Far North
Price On Application
- Proposed Usage
- Hotel & Leisure
- Floor Area
- 322.00 m²
- Land Area
- 4134.00 m²
- Property ID
Located about seven kilometres from Paihia, in the Bay of Islands, this property is uniquely positioned to provide a fantastic lifestyle combined with a significant income.
Designed to take full advantage of the riverside location the main homestead has been progressively upgraded by the current owners with some stylish additions and quality finishes.
The beautiful in-ground pool is set within a landscaped pool deck and features a gazebo and barbecue area for sunset entertaining. The river is ever changing with the seasons and comes with an abundance of wildlife throughout the year including ducks, geese and native birds.
It comes with a well-established and multi-award-winning accommodation business, specifically set up to maximize the summer tourism season and allow the owners a winter break. If you are looking to move to the Bay of Islands and would like the cash flow to enable you to achieve your dream, then this is the property you need to view.
The accommodation business comprises of four individual luxury suites, varying in size and layout and all well separated from the owners’ accommodation. They are beautifully presented, and all have outstanding river and district views.
Occupancy rates are exceptional for a business of this kind and this is mainly due to the relationships in place with inbound tourism operators and the quality of the experience provided by the current owners. The net income is sure to impress particularly when considering the seven-month open season. There is also significant potential to add value to the business by extending the trading season if required.
• 4134-sqm rural land with around 150m boundary to river-front reserve
• Split-level main residence with schist feature walls and timber ceilings
• Large single garage with multiple off-street parking, separate office
• Water pumping system from the river for irrigation as required
• Multiple Trip Advisor awards 2014-19, Qualmark 4-star plus
• To be sold as a freehold going concern so “Plus GST if any”