Listing #:1678582527

Freehold Going Concern

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Location: 57 Mill Bay Road, Mangonui, Far North, Northland
Property use: Tourism
Floor area: 390m2
Land area: 1758m2
Price: Asking price $1,990,000
Picturesque Mill Bay is home to Acacia Lodge, a landmark colonial-style complex, complete with an in-ground heated swimming pool. The seven two-bedroom units and eight studio units are complemented by a separate one-bedroom apartment, meeting room and reception.

A separate two-bedroom, two-bathroom managers residence, accesses a private north-facing balcony with stunning views over Mill Bay to the heads of Mangonui Harbour. Fourteen of the units also boast water views. Add to the mix a double garage and commercial kitchen, and the scene is set for success.

Resource consent has been approved for 16 Unit Titles, and possible vendor finance with a lease-to-buy option, makes this proposition a serious contender for an astute, and financially savvy, lifestyle/business acquisition.

Agency reference #: KK25862
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Asking price: $1,990,000
57 Mill Bay Road, Mangonui, Far North, Northland
Asking price: $1,990,000
Listed: Tue 26 Jun, 11:18 am
Alan O'Brien
Harcourts Kerikeri, (Licensed: REAA 2008)
  • Contact details
  •  (09) 2835902
  •  (027) 2903933

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Alan O'Brien
James Vincent
Harcourts Kerikeri, (Licensed: REAA 2008)
(09) 4076677
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Expires: Tue 16 Apr, 8:21 am
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