Stunning beachside Freehold Apartment & Business

Outstanding Management Rights Business and Freehold apartment. Best in the Bay! Our vendor is motivated having secured their future plans!
*** Includes a poolside owners 2 bedroom, 2 bathroom FREEHOLD apartment and office***

Ohope Beach Resort is pure 4.5-star without compromise! The 31-apartment resort was built to exacting standards, boasting multiple swimming pools, spa pools, a tennis court, fitness room, sauna, games room, and a large communal meeting / conference room with a fully self-contained kitchen.This resort was designed for discerning owners. A number of owners elect to let their apartments out on a 'hotel' basis via the onsite manager, creating a superb Management Rights Business.

Hotel guests in search of quality amenities actively seek out Ohope Beach Resort for accommodation in this area, providing lucrative business sales for the vendors.. Situated on Ohopes’ isthmus, the resort is opposite NZ's most popular beach - Ohope Beach and from the other side, borders Ohiwa Harbour. This provides guests with options of freshwater swimming pools, surfing, or flat-water harbour recreational activities.

This Management Rights business has two aspects to the income streams - appointed and acting as the Building Manager, plus managing owners’ apartments in the hotel letting pool. This business offers boutique, fully self-contained beach or harbour facing apartments with 20 apartments currently in the letting pool comprising, 2- and 4-bedroom apartments with balconies / decks.

• Exceptional lifestyle and lucrative business
• Fantastic Ohope Beach / Harbour location
• Consistent occupancy, reliable profits with growth options
• Repeat corporate, domestic, and leisure clientele
• Adjacent to the General Store, minutes’ walk to Fishermans Wharf restaurant, minutes’ drive to Ohope golf course, public boat ramps and minutes from Whakatane.

Asking $1,150,000 for the real estate and business.

Lindsay Sandes on 021 895 940, lindsay.sandes@linkbusiness.co.nz

Agency reference #: EL04276