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Property Development Opportunity or Dream Lifestyle

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Price

$16,000,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Bay of Plenty Region, Mount Maunganui

Category

Accommodation/Motel/Hotel, Freehold Going Concern

Listing #

BOP00523

Carron Chote

Business Broker
Bay of Plenty
+64 7 579 4994
+64 27 289 6658
carron.chote@linkbusiness.co.nz

Steve Catley

Business Broker
Bay of Plenty
+64 7 579 4994
+64 21 341 117
steve.catley@linkbusiness.co.nz

About this Freehold Going Concern for sale in Mount Maunganui

Prime Position, Prime Potential.

First time on the market in 50 years for this slice of prime Mount real-estate

Discover an extraordinary investment opportunity nestled in the vibrant heart of Mount Maunganui adjacent to the Harbour.

This exceptional property, situated on The Mall, stands out as one of the only sites of its magnitude on the market today. Once a regional icon the original Westhaven Motel now operates as semi-permanent accommodation waiting to embark on a new chapter with an astute buyer.

Property Features:

  • Beachfront fabulous views over the Harbour to Tauranga
  • 1,856 sqm of freehold land
  • Resource consent Commercial Accommodation (CA)
  • 680 sqm of buildings
  • Lifestyle opportunity for 8 Luxury Apartments
  • Enviable location for 24 Unit Commercial Accommodation

This desirable large Beach front property provides multiple opportunities for potential Development or Landbank Buyers.

Price: $16,000,000 (plus gst if applicable)

 

To find out more, go to linkbusiness.co.nz/BOP00523 and press the “Enquire Now” button to complete an online confidentiality agreement.

 

Call Carron or Steve to find out more. An opportunity not to be missed.

Carron Chote, 027 289 6658, carron.chote@linkbusiness.co.nz
Steve Catley, 021 341 117, steve.catley@linkbusiness.co.nz

 

***Some details of the business and property for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement.

Set email alerts

Carron Chote

Business Broker
Bay of Plenty
+64 7 579 4994
+64 27 289 6658
carron.chote@linkbusiness.co.nz

Steve Catley

Business Broker
Bay of Plenty
+64 7 579 4994
+64 21 341 117
steve.catley@linkbusiness.co.nz

*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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