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Hot Water Beach

8 Pye Place, Hot Water Beach, Thames-Coromandel

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180sqmĀ Floor area
3,500sqmĀ Land area SQM

Asking Price NZ$1,300,000 + GST

Ā (if any)

Hot Waves Cafe


The doors opened for the first time on 10 January 2005 to this vibrant seaside cafe,14 years later Hot Waves cafe is not only a hugely successful business but has also become the hub of the Hot Water Beach community. Purpose built in 2003 the owners incorporated earth brick and timber into their build, a large commercial kitchen, with the gallery walls and acoustic ceilings providing a platform for the many artists and musicians. The Hot Waves Cafe has a loyal following of local patrons along with the many visitors who flock to this area to visit the world famous hot pools, the annual Mercury Bay Art Escape attracting art enthusiasts New Zealand wide and other booked events. The alfresco dining area is inviting amongst the shade of the native gardens while the indoor dining offers seating for 60 with the open fire great in winter.
Situated in a prime location this stunning property sits on a 3500sqm site with the land buildings and car parking covering 3/4 of the site. The remaining area provides a rare opportunity to build a residence with exceptional views across Hot Water Beach and out to Mercury Island.
The Coromandel Peninsula continues to draw in tourists from within NZ and this business continues to show a steady increase in sales with current figures continuing an upwards trajectory.
Despite the heavy tourist flow into the area there are relatively few services available and although the peak season is October through to May, the winter months also offer consistent trade as many food outlets close for three months over this period leaving the cafe to service all the locals and visitors to the area.
ā€¢180 Square metre building
ā€¢Resource consent and license 8am-11pm 7 days a week
ā€¢Turnover 791k showing a healthy cash surplus
ā€¢Price is plus stock
The opportunity to purchase a successful business returning healthy revenue, while working and living near a world-renowned beach with diving and fishing at your doorstep then look no further.
For Sale $1,300,000 + (GST if any)

Lea Jurkovich

Lea Jurkovich


MH Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Free Hold


Free hold going concern

Hours


Licensed 8am ā€“11pm 7 days

Location


Located on the pathway to World famous Hot Water beach