The waterfront Great Barrier Lodge overlooking New Zealand’s beautiful Whangaparapara Harbour in the Hauraki Gulf has been sold by Wayne Keene and John Greenwood of Bayleys Real Estate

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Source: Bayleys Real Estate

With a large freehold site of approximately 3,081sqm surrounded by bush clad scenery, the Lodge has a number of profit centres and offers a range of room configurations from self-contained waterfront studios through to private cottages set amongst native bush.

The property is well positioned for local transport, with the airport approximately 10km away and the car ferry about 24km.

Great Barrier Lodge has a fully licensed restaurant and bar facility and is one of the central attractions for guests and supportive locals, and can also accommodate conferences for up to around 30 delegates with full catering. 

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Source: Bayleys Real Estate

Speaking to THE HOTEL CONVERSATION, Wayne Keene said the campaign generated strong interest, with a total of 53 enquiries and two offers.

“The Barrier is a beautiful offering of off the grid living with a small local population of about 1,200. The business also included a fuel distribution income which is very strong, so the yield on the purchase was quite high.”

The Freehold Going Concern was purchased by a local NZ investor who was looking for a lifestyle change and had the benefit of hospitality experience.

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Source: Bayleys Real Estate

“The Vendor has had a strong affiliation with the Barrier over that last 20 years and is going to enjoy retirement at Whangaparapara which previous owners have also done. Seems once you have experienced Great Barrier its hard to let go.  It’s a pretty special place only a short 35-minute flight from Auckland and totally off the grid.

The purchasers are a family of 3 and have hospitality experience from previously owning and operating a large company.  This is an opportunity for them to take this unique business to another level and enjoy a lifestyle change in a wonderful location, ” Wayne told THE HOTEL CONVERSATION.

"These types of businesses are difficult to find as normally tightly held occupying large land holdings in idyllic locations.  Unlike Great Barrier Lodge, most properties of this nature are light of profit and show little return.  The lodge offers cocktails over sunset and provides good quality restaurant food that you would expect to find in downtown Auckland.

Enquiry for the property was very high, most looking for a cashflow that supported a management structure allowing them a lifestyle to come and go from the Auckland as they wish.

The Vendors are pleased with the new owner enthusiasm and to carry on what has become a tradition,  living local will allow them to enjoy being a patron with their friends rather than serving them."

To request a sales analysis please contact the selling agents Wayne Keene and John Greenwood of Bayleys Real Estate via the below contact details.

To view the listing or for more information click here. 

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