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Exceptional Management Rights Business - Whangamata, New Zealand

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Property ID: THL19-1084
Property Type: Management Rights
Sale Type: Freehold Going Concern, Management Rights
Region: Coromandel
Address: 413 Port Road, Whangamata
Price: P.O.A
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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Exceptional Management Rights Business for sale, Whangamata, New Zealand

P.O.A (+GST IF ANY)

  • Management  Rights to 27 Unit resort complex
  •  
  • Ownership of a large 2 bedroom owner’s accommodation on separate unit title 
  • A generous management salary of $50,000 pa, CPI-linked 
  • Commission of 12.25%
  • on all guest accommodation bookings
  • Further opportunities to maximize income

If you want a lifestyle second to none, matched with a profitable business, Palm Pacific Resort Management Rights business will work for you.  

The key with management rights is your separate unit title to your property.  You will have ownership of a beautiful home, with management rights to a well developed resort, in an enviable New Zealand location.  

The unit owners have progressively upgraded their units in the complex to a high level, giving units in the ‘pool’ maximum room rates in the peak Summer season.   

Unlike with a motel lease, the management rights owner has no responsibility for the cost of repairs, maintenance and refurbishment of the units. 

Additional revenue streams are available to the new rights owners for cleaning, repair and maintenance, which will provide extra income to an already attractive business proposition.

Palm Pacific Resort sits in about 1ha of landscaped grounds
 
  • 27 luxurious two-bedroom units,
  • each owned separately. 
  • 26 units are in the rental pool
  • Extensive redevelopment to facilities, grounds and exterior of the property in 2000 created a modern management-rights resort complex.
  • The resort is private but close to the shopping centre and just a short walk to Whangamata’s famed beach.
  • With exceptional facilities such as 15m pool, toddlers’ pool, spas, sauna & tennis courts, your guests and unit owners can enjoy resort facilities all year round.  And so can you! 

  

Layout of Owner’s Property:

The owner’s property includes 300m2 of private landscaped grounds 

The one-level accommodation/office is some 120 m2 with 40 m2 of decking and carparking at the rear door, plus double garaging.

There are 2 large Bedrooms and 2 Bathrooms (1 ensuite), both renovated in the last year.  

The delightful open plan lounge and dining area look over the extensive decks to a lovely garden, and are serviced by an excellent kitchen.

The interior was completely redecorated in 2011. 

The Rights Owner also has ownership of the fully-equipped laundry and storage rooms.

This is a superb opportunity to enjoy the Coromandel Peninsula lifestyle, in a lovely home, supported by a rewarding business!

 

Whangamata

Situated on the eastern coast of the Coromandel Peninsula on New Zealand's North Island, Whangamata is recognised as one of the most popular beach resorts in New Zealand.  

 

The crowds that throng the spectacular white sandy beaches over the summer months grow the population from the resident 3,500 to over 30,000 - peaking at 70,000 for the famous Beach Hop long weekend in March.

 

The fantastic 6km beach at Whangamata not only offers safe swimming, but also some of the best surfing breaks in New Zealand. Safe estuaries lie at each end of the beach which opens out to the Pacific Ocean where big game and recreational fishing are popular. 

 

The new marina will grow Whangamata as a boating base even further.

The Coromandel Forest Park and Tairua Forest bordering the town provide many outdoor experiences including short walks, mountain bike trails, exploring old gold mining sites and hunting. Short trails from forestry roads lead to isolated beaches away from civilisation.

 

Whangamata is well serviced with all necessary facilities, has a strong community feeling and enjoys some of New Zealand's best weather all year round. 

 

Go www.whangamata.co.nz for further information