Link Business

Prime Whangamata Management Rights & FREEHOLD Apartment

Listing: #HC00230

Ross Candy

Broker | Hawke's Bay Gisborne

Ross Candy

ross.candy@linkbusiness.co.nz

0800 327 827

+6427 223 3696


About this Business for sale in Thames-Coromandel

Prime Whangamata Management Rights & FREEHOLD Apartment

The Palm Pacific Resort and Motel is situated at the gateway to the Whangamata village, a few steps to the cafes, restaurants, shopping, and schools and just a little further walk to the fabulous beach, surfing and other water sports. The area school is an easy walk.

This business offers:

  • An impressive bottom line with 24% ROI
  • Sizeable, freehold, manager’s accommodation
  • All 27 apartments in the letting pool (zoned for traveler accommodation)
  • Complex presented in pristine condition
  • An absolutely prime location
  • Just 2 hours from Auckland
  • An enviable lifestyle with an income to match!

The freehold component includes the owners’ home – a spacious, 2 bed/2 bath apartment, with huge sunny deck, and a large double garage and reception area.

This Resort has the feel of the ‘Aussie’ Gold Coast - very impressive with swimming pool, toddlers’ pool and private spa and sauna. The whole guest experience is fully catered to with a BBQ area, floodlit tennis court and petanque court. There is also a children’s playground right next door.

All facilities and apartments are very well maintained and presented in top condition, with both the Managers and the Body Corporate, ensuring a high standard.

If you are a surfer, or like the beach lifestyle, then this is for you!

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Hawke's Bay Gisborne
ross.candy@linkbusiness.co.nz
0800 327 827
+6427 223 3696

Ross Candy

Enquire Now
Hawke's Bay Gisborne
gordon.fridge@linkbusiness.co.nz
0800 327 827
+64 22 156 9330

Gordon Fridge

*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.