Listing #:1876528

Bank the Northland Lifestyle and the Income

Location: 57 Mill Bay Road, Mangonui, Far North, Northland
Rooms: 6 or more bedrooms, 6 or more bathrooms
Property type: Lifestyle dwelling
Floor area: 390m2
Land area: 0.18 hectares
Price: Price by negotiatio­n
Open home times:
No times scheduled
Secure your future with confidence with this quality accommodation offering in the small Northland holiday town of Mangonui. Returning a healthy annual income for the current owners, either continue with Acacia Lodge's current live-in management structure or be hands-on for a career with lifestyle benefits.
With 15 well-appointed and peaceful motel units of varying size (some with spa baths) by the water's edge of Doubtless Bay, guests enjoy the on-site parking, the heated salt water pool and easy proximity to the town's flagship fish and chip shop by the sea. Add in fishing and recreational opportunities, and this is a great base to explore the Far North from.
With wide appeal to the full spectrum of visitors from corporate representatives, domestic and international tourists, family groups and couples, Acacia Lodge has established systems and marketing in place with potential to grow the services on offer even further. The motel operation offers flexibility and is large enough to be able to provide an income for the owners and/or a manager. Currently the return is around $150,000 to an owner operator after all expenses including cleaning. The property offers the freedom of owning your own business yet the scope to pursue activities of your own when it suits.
The current owners are happy to consider extended settlement dates for the sale of the property given the existing management structure, and will offer practical guidance to transition new owners into the business. This could be your passport to immigrating to New Zealand or simply an astute way to change your pace of life away from the city confines.
This freehold going-concern accommodation business is a box ticker with upside and there are tangible financial advantages to living and working onsite.
Make the change you have talked about; Northland's ready for you.
Offers over $1.9 million +GST (if any)

Agency reference #: 95_0191
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While we've done our best to correctly map schools in this location, school zone information may not be exact,
so please double check with the school. Read our Maps in Property help page for further information.
Price by negotiation
57 Mill Bay Road, Mangonui, Far North, Northland
6+ 6+
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While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school. Read our Maps in Property help page for further information.

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Price by negotiation
Listed: Thu 27 Mar, 7:17 pm
David Baguley
RealOZ
  • Contact details
  •  (021) 831440
  •  (09) 4079221

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David Baguley
RealOZ
  •  (021) 831440
  •  (09) 4079221
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