Land Area - 7,693m2\nBuilding Area - 505m2 (owners residence, nine cottages and utility building)\nSite - Residential, holiday and caravan complex\nIncome - Coastal income earner property\n\nFormer motel property that has been converted to a permanent residential and/or holiday home complex together with cottage rentals and caravan facilities set in park like landscaped grounds. The business model is based on the sale of a number of cottage units that are leased on an annual land licence to occupy basis, periodic residential cottage rental plus long term caravan site licences to occupy which includes full use of the village amenities and facilities.\n\nFour cottages have been sold with a further five on the market that are currently available for short or long term rental and collectively produce an attractive annual income. The ongoing sale of cottages will maximize both capital and rental returns for a new owner in the future. Strategically located on the northern side of Emerton Road at the southern entrance to Waihi Beach, this complex is just 400 metres from 10km of outstanding beach in the Island View area.\n\nWhat an outstanding opportunity to live your dream at beautiful Waihi Beach!\n\nDownload property file including information memorandum - 127 Emerton Road, Waihi Beach.pdf\nPlease copy and paste the link:\nhttp://www.propertyfiles.co.nz/property/2843560\n