Waihi Beach Gem - Beaches Motel FHGC

It's not often we get to offer a FHGC Motel, with this kind of potential and amazing location.
This beautifully presented complex is situated on a corner site measuring approximately 2816sqm just a short stroll from the village, shops and cafes and across the road from the beautiful Waihi Beach!
This property represents a very sound proposition for any investor as it is located in the heart of one of New Zealand's tourism hotspots. The population growth and infrastructure development in this area of the North Island is phenomenal and the huge demand for properties is now very evident.
After nearly 15 years the present owners have decided to move on and this leaves a number of options for the new freehold owners of this property:

1. Continue it as is
2. Increase capacity by adding additional units
3. Sub-divide
4. Long term tenants
5. Live in as a private residence

Room configuration:
All motel rooms are well designed single storied, sizeable and have an assortment of kitchen/cooking facilities and spacious bathrooms. There are 6 units in the following configuration:

2 x one bedroom units - up to 4 person's capacity
4 x two bedroom units - up to 6 person's capacity

Service building:
There is a fully equipped laundry on site with storage rooms attached.

Owner's accommodation:
Set on 2 levels, the owners' accommodation offers 4 large bedrooms, 2 bathrooms and an open plan kitchen/living/dining with doors leading out to a large private deck/lawn area.
The reception is conveniently adjoining the living area. There is a large double garage and storage area with internal access.
The house and Motel complex has a brand new roof - 2018.
This complex is worth serious consideration if you are looking for a solid motel business and lifestyle.

To view further information on this property, please visit: www.propertyfiles.co.nz/property/TG56222