Freehold investment

334 Omapere, State Highway 12, Hokianga

Asking Price NZD $5,400,000 + GST (if any)

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Freehold investment | 334 Omapere, State Highway 12, Hokianga | 1690309 |      X Close

Freehold investment

Copthorne Hotel and Resort Hokianga is located in Omapere, Northland, an approximate 3 and a half hours drive from Auckland.

Nearest Airport is Kerikeri which is just 83.9 km from the property.

This 4 star Qualmark hotel is an escape from the hustle and bustle of city life.

The hotel comprises of 33 units spread over three buildings, plus 10 luxury units operating under the name "The Heads".

On offer is a one-half share of Lot 11 comprising of 12 hotel rooms, plus the main building which comprises the restaurant, bar, conference room, swimming pool and associated back of house.

All 12 rooms are approximately 36sqm in size with stunning views of the magnificent Hokianga Harbour.

There is a good strong Lease in place.

Term commenced: 19 December 2018

Term: 20 years

Rent: $190,000 plus GST per annum

Rights of Renewal: 1 x 10 years

Final Expiry: 18 December 2048

There is a 2% maintenance fund incorporated in the lease.

The Hotel Business operates under the Franchise of a well-known hotel company called MCK (Millenium, Copthorne, and Kingsgate Hotels) by a very experienced Lessee with a good profile.

All appointments strictly by prior arrangement only.

Call now for further details.

334 Omapere, State Highway 12, Hokianga

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