Price
$1,399,000 + GST(if any)
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Bay of Plenty Region, Ohope
Category
Accommodation/Motel/Hotel, Management Rights
Listing #
EL03420
Beach and harbour front 4.5 star Business
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, tennis court, fitness room, sauna, games room, and a large communal meeting/conference room with a fully self-contained kitchen.
No compromise was considered at this resort catering for discerning owners and like-minded hotel guests seeking resort amenities. Located 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, surf, or flat water harbour recreational activities.
Ohope Beach Resort comprises 2 x 3 story towers, and 2 single-story buildings with 31 fully self-contained apartments. All apartments are presented to an exceptional standard and attract premium tariffs.
The quality owner’s 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 absent 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,or 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.
This is an exceptional business opportunity offering a rewarding lifestyle in a premium location.
Ohope Beach Resort Management Rights Business and Freehold Owners Apartment $1,399,000 plus gst (if any).
Lindsay Sandes, 021 895 940, [email protected]
***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.
#wesellbusinesses #homebased #beach #accommodation #freehold #easternbayofplenty #resort
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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