3 Hotel Road, Opotiki, Opotiki

Te Kaha Beach Resort - In Receivership

Located on State Highway 35, the tourist route to East Cape, lies Te Kaha Beach Resort. A luxury retreat, just 67 kilometres from Opotiki on the East Coast of the North Island, New Zealand. Te Kaha Beach Resort is one of the only places on the East Coast where you can watch the sun set over the sea. Te Kaha is renowned for its legendary game fishing and huge snapper around 200 metres offshore. Completed in 2007 this sought-after, absolute waterfront beach resort boasts 25 units, a restaurant, bars, cafe, gym, gaming lounge, shop, conference and wedding facilities, helipad, extensive decks, heated infinity style swimming pool, spa pool, beach access and stunning sea views. Units are either studio or two bedrooms, are fully-equipped and furnished, and have their own private deck to enjoy the coastline views. All units have full access to Te Kaha Beach Resort facilities along with one car park per unit, air conditioning/heat pump, sky TV, washing machine, dryer, noise reduction building materials and tinted glass. Paraplegic access and facilities are available at the resort. This property is a perfect location to achieve significant capital gains, being waterfront, modern, with future developments already consented and within close proximity to large North Island tourist centres. For sale are 18 hotel units in strata title, three units incorporating the commercial activities of the complex, extra land for future development plus management rights. The receivers' preference is to sell it all as a going concern but consideration will be given to offers for the commercial units including restaurant, bar, shop, gaming room and conference room. Sale is by private treaty and the receivers reserve the right to sell all or part of the going concern to the first acceptable offer.