Falls Motel Overlooking Haruru Falls and Waitangi RangesListing: #NL00158
About this Business for sale in Far NorthFalls Motel Overlooking Haruru Falls and Waitangi Ranges
This is Northland's favourite motel. Situated overlooking the Haruru Falls and the Waitangi Ranges, the location is superb.
The motel has 13 units consisting of studio and 2 bedroom apartments. A spacious 3 bedroom owners' accommodation compliments the lifestyle package. All rooms have views to the water and the beautiful landscape beyond.
As a secondary income stream, the property includes a well maintained campground with powered sites, BBQ areas, and utility block which includes showers, kitchen, and laundry facilities.
The property is a substantial land holding of over 7500 sq mtrs with its own riparian rights, lending itself to yet another income stream of Kayak rental.
A must to view if you are serious about owning a business with the security of significant real estate. Asking $2,200,000 FHGC. Viewings by appointment only.
Call Rudy or Bernard for a viewing time today.
Rudy 021 421 346 Bernard 021 873 259
+64 9 222 0120
+64 21 421 346
*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.