Breakwater Motel at 1 Bayview Road Paihia is for sale by Michael Broome, Wayne Keene and Irene Bremner of Bayleys delivering luxury self-contained accommodation in Paihia, Bay of Islands.
The Breakwater Motel Paihia is on the market as a Going Concern, offering an opportunity to secure the business only of this superior North Island accommodation.
Source: Bayleys
Nestled in a stunning waterfront location, the 25-room seaside complex is positioned directly opposite Paihia Beach, Paihia Wharf and within a very short stroll of Paihia Township.
With breathtaking views and direct water access, it boasts a charming coastal ambiance with upgraded rooms and seaside charm.
Source: Bayleys
Breakwater achieves high occupancy and appeals to families, couples, groups, and corporates alike with its diverse room layouts and absolute seaside location.
The current owners (lessees) have built the business to a level that it can sustain a full-time management structure whilst still offering very good returns to shareholders.
Alternatively, a couple could take on the day to day running of the business or a passive investor could maintain a management structure to oversee the business on a ‘cloud based’ level. Private and immaculate four-bedroom, two-bathroom owners/managers accommodation allows for first-class, on-site living.
Source: Bayleys
Within the complex there are three upper-level suites plus three lower-level suites; four garden suites (including one x Studio and three x one bedroom); and 15 waterfront suites.
With a lease expiring in 2054, the new lessees will enjoy the security of a registered lease for the next 31 years.
Source: Bayleys
Paihia is a popular year-round mecca for both domestic and international tourists and hosts many events both large and small. From here, visitors can easily explore Paihia’s vibrant shops, restaurants, and tourist attractions. Whether it’s embarking on a boat tour to discover the bays, islands and marine life wonders or strolling the sandy beaches, the Breakwater Motel’s location immerses guests in the natural beauty and vibrant culture of the region.
To request a copy of the Information Memorandum please email either of the Bayleys marketing agents Michael Broome or Wayne Keene or Irene Bremner via the contact form below.
To view the listing or for more information click here.
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