Waterfront freehold investment

334 State Highway 12, Omapere, Hokianga

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Waterfront freehold investment | 334 State Highway 12, Omapere, Hokianga | 1691248 |      X Close

Waterfront 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.

On offer is the Freehold Land & Buildings of Lot 11 comprising of 12 hotel rooms, plus the main building which comprises the restaurant, bar, conference room, swimming pool, reception and all associated back of house.

This building is the heartbeat of the complex and the main focal point of the hotel. All 12 rooms are approximately 36sqm in size with stunning views of the magnificent Hokianga Harbour.

The tenant is well experience in the hospitality industry and was granted a lease in December 2018 by the current freehold owners.

Term 20 years: Commenced 19 December 2018: Rent: $380,000 plus GST per annum: Rights of Renewal: 1 x 10 years: Final Expiry 18 December 2048

There is a maintenance fund incorporated in the lease equal to 2% of the annual rent.

The Hotel Business operates under the Franchise of a well-known hotel company called MCK (Millennium, 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 State Highway 12, Omapere, Hokianga

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