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International Influence in Natural B&B for Sale, Coromandel, New Zealand

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Property ID: THL19-1079
Property Type: Lodges, Bed & Breakfast, Restaurants, Cafes
Sale Type: Freehold Going Concern
Region: Coromandel
Address: Buffalo Road Coromandel
Price: FHGC NZ$1.6m (+GST if any)
Malcolm Teesdale
Tourism & Hospitality Business Broker
Phone: +64 (0)7 823 9236
Mobile: +64 (0)27 530 8738
Email: malcolm@tourismproperties.com

Melissa Teesdale
Tourism & Hospitality Business Broker
Phone: +64 (0)7 823 9236
Mobile: +64 (0)27 546 4466
Email: melissa@tourismproperties.com

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Buffalo Lodge is an exceptional bed and breakfast lodge on the Coromandel Peninsula

The lodge has been built to the highest quality, evident in this architecturally  designed building.  It is sympathetically set on a large, elevated site in the secluded native New Zealand bush. The property is in a very secluded hill position, free from traffic noise  and ideal for owners who put great importance on tranquility and security.

Every point in the house enjoys expansive views over the Hauraki Gulf, over Coromandel Harbour and Waiheke Island to the Waitakere Ranges, Whangaparaoa  Harbour and Tiritiri Lighthouse.

Carefully developed over many years, Buffalo Lodge is an inspiration, with cathedral ceilings, expansive natural timber finish and fresh white walls.   Buffalo Lodge was created by world-renowned artists to capture the true beauty of New Zealand while sharing their love of art and exceptional food with their guests. 
Through its 20 year journey the Lodge has run successfully as both a luxury retreat and as an intimate restaurant.  


Now the owner is looking to pass this exceptional B&B opportunity to new owners who are able to develop and enjoy this business and lifestyle on the Coromandel Peninsula.  

BUFFALO LODGE CONFIGURATION:

LAND: 1.9859 Hectares - mostly native bush
MAIN BUILDING: 295 sq m (3245 sq ft) on 3 levels. Pole construction with Cedar cladding and iron roof.
The building was completed in April 1994 and completely re-stained in 2007.
Ground Level: Foyer and Cellar, Double Carport plus parking space for 4-5 cars
First Level: Open plan Kitchen/Dining/Lounge; large wraparound Sundeck; 2 Double Bedrooms, each with its own ensuite and sundeck; Office; Laundry; 2 Powder Rooms (Ladies & Gents).
Upper Level:    1 Double and 1 Twin Bedroom, each with own ensuite; Studio/Reading Room; Storage area; Hotwater cylinder Cabinet (2 x 180 Litres).

COTTAGE:

Completed in October 1997: 60 sq m (660 sq ft) self-contained manager cottage consisting of: 

1 master bedroom with ensuite including bath; 1 studio/kitchenette/ art gallery; 1 store-room with hot water cabinet (1 x 135l). These rooms share a sundeck.
 

SERVICES:

Buffalo Lodge is largely independent, with a 3000 Gallon Water Storage Tank supplied by rainwater and a private water supply. Sewerage is by ecocycle system. As a result council rates are much reduced. Electricity is from the mains and gas for the kitchen is by LPG bottle.

POSSIBILITIES for FUTURE DEVELOPMENT:

This property is currently being operated in high season only, as a superior quality lodge offering accommodation to 3 -4 couples. There is proven demand for a longer season and creative marketing will grow revenue considerably.

This property can still be developed, with the possibility of 4 - 6 additional chalet-type, self-contained units on various, easily accessible sites in the bush. (Resource Consent will be required).


The restaurant is not presently open, but the Resource Consent exists for up to 12 guests. The Restaurant permit and BYO licence are current. Buffalo Lodge deserves another chef to maximize this intimate dining opportunity, including daytime cafe.

Because of its proximity to Auckland (approx. 60 km in a direct line or 2.5 hours driving time), Coromandel has a very promising future as far as tourism investments are concerned. Kawau Cat ferry services Coromandel from Auckland via Waiheke Island.  Coromandel also has an airstrip, which can land charter flights to and from Auckland (20 minutes).

ESPECIALLY ATTRACTIVE TO OVERSEAS BUYERS?

Buffalo Lodge is a great opportunity for a combined lifestyle and business and may be especially attractive to migrants under the migrant entrepreneur category, offering the purchase of a business which can grow and create new employment.  Plus, there is delightful owner accommodation, a superb lifestyle and a valuable land bank for future development. (Please note: we are not immigration advisors and enquirers should seek their own advice on this matter)