Price slashed - Waterfront tavern & motel units


153 Beach Road, Tokomaru Bay

Asking Price NZD $2,800,000 + GST (if any)

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Price slashed - Waterfront tavern & motel units | 153 Beach Road, Tokomaru Bay | 2750676 |      X Close
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Price slashed - Waterfront tavern & motel units


Overseas owners are motivated to sell and have slashed the asking price of this unique waterfront tavern.

Was $3,650,000 ... NOW $2,800,000

Take the easy one hour drive north from Gisborne, past the golden sands and legendary surf breaks of Wainui then through rich, rolling farmland to the pretty coastal township of Tokomaru Bay. Located in the middle of the bay, beachfront and with a boat ramp right out front, Te Puka Tavern and the adjoining serviced apartments enjoy year round stunning, coastal and sea views.

The family orientated tavern with separate accommodation offers a sought after combination of income streams. Steady management backed by trained staff have produced very favourable recent annual returns which confirm the increasing income potential of such a complex.

NZs present tourist boom has highlighted that more and more travellers are exploring regions outside the more traditional destinations and the East Coast of the North Island is renowned for its beautiful coastline, rugged mountain scenery and laid back traditional rural lifestyle. So if surfing, horseback trails, deer and pig hunting or diving in fabulous fishing waters tempt your adrenalin you may have discovered your own slice of paradise.

The replacement cost of a large, well maintained property such as Te Puka would be staggering so the new owner will have combined a clever real estate purchase, thriving business and future potential with a dream NZ lifestyle.

153 Beach Road, Tokomaru Bay

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