Paradise on Waterfront - Freehold Investment
About this business for sale in Far NorthParadise on Waterfront - Freehold Investment
Located on route to famous Lighthouse at Cape Reinga
- Elevated prime land
- Freehold Land & Buildings
- 0.3465hectares land
- 9 unit motel
- Backpacker Villa with 5 rooms
- 3 bedroom owners home
Present owners have been here for 12 years.
Future prospects only limited to your imagination.
Live the dream with safe harbour and boat ramp on your doorstep.
Possibility to subdivide and/or develop additional accommodation
Asking Price $1.7m
New lease in place returning $85,000 + gst per annum
Michael Osborne/Jenny Blain
027 242 6881/021 455 421
+64 21 455 421
*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.