Location and opportunity


153 Beach Road, Tokomaru Bay

Auction

Download Email
Location and opportunity | 153 Beach Road, Tokomaru Bay | 2752385 |      X Close
Image
Description

Location and opportunity


After four years of steadily improving revenues and profits, the time is right for the sale of this iconic East Coast destination, Te Puka Tavern.

Te Puka is set upon absolutely prime freehold real estate, a huge 5,122 square metre site overlooking Tokomaru Bay. The tavern, with it's renewed commercial kitchen, separate manager's residence, and four recently built accommodation units provide a series of a beautifully presented, multiple income streams. With one of the trade qualified vendors being based on site for much of the past 3-4 years each of the built assets have gained from a steady and reliable maintenance regime. Te Puka will also continue to benefit as the central hub for tourists, Tokomaru Bay and surrounds loyal community and the ever-increasing East Coast hunting trade. Stories from the Taverns hosting of pig hunts and fishing competitions forming part of Gisborne folklore. Just an hours scenic drive from Gisborne, the pretty coastal township is a holiday destination for many. Te Puka Tavern has a captive and growing market for location, food, accommodation, and memories.

Auction 1pm, Fri 10 Dec 2021 (unless sold prior)

10 Reads Quay, Gisborne

Mike Florance

Gisborne

Licensed under the REA Act 2008

View profile

Greg Robertson

Gisborne

Licensed under the REA Act 2008

View profile

153 Beach Road, Tokomaru Bay

Open in map

Mike Florance

Gisborne

Licensed under the REA Act 2008

View profile

Greg Robertson

Gisborne

Licensed under the REA Act 2008

View profile