Paihia - New Price $1,890,000 (plus GST if any) - Five ...

Description

The property at 9 Causeway Road, Haruru, presents a unique opportunity to own a slice of paradise in the Bay of Islands. This 12 room freehold going concern motel + owners residence, comprises an underlying freehold title with five buildings configured into 10 unit titles. The property benefits from dual street access from both Causeway Road and Goffe Drive.
The whole property offers an incredible view of the Bay of Islands, allowing you to wake up to stunning scenery every morning. The quiet location itself is a selling point, offering a peaceful and tranquil environment while still being within reach of the amenities and attractions of the Bay of Islands. Any new owner or manager won't want to leave as the three bedroom, double garage owners accommodations are very spacious and private.
In addition to its scenic appeal, the property holds potential. Its strategic location and space make it suitable for transformation into something remarkable. Whether you envision

• Renovating and running the motel

• Implementing long term accommodation (subject to council and govt requirements)

• Selling off some or all of the 10 unit titles separately (subject to council requirements)

or exploring other ventures, the possibilities are endless. By redecorating the motel you will be able to increase the average room rate to match the value, the views command.
As the Bay of Islands undergoes incredible horticulture growth the property could be reconfigured for worker accommodation.
Call now for an information memorandum. Viewings by appointment only with the agents.