ICONIC HOTEL FREEHOLD LAND AND BUILDING FOR SALE

Iconic country hotel with restaurant and bar located in Kaukapakapa township precinct is up for sale. Lots of potential awaits the new owner.

Main Features:
• 8 ensuite guest rooms fully furnished with TV, fridge and coffee/tea making facilities
• A fully equipped common kitchen with laundry facilities for guests' use
• A restaurant and liquor bar (currently not in operation) with indoor and outdoor dining areas
• A large well equipped commercial kitchen
• A 3 bedrooms free-standing house
• Plenty of on site car parks
• Property sits on a large land holding of 4024 sqm of flat prime land
• Zoned Business Local Centre
• Only approx. 25 mins drive (approx.28 km) to Albany and approx. 42 mins drive (approx. 47 km) to Auckland CBD
• Well located with SH 16 passing through, providing high vehicle traffic exposure

Currently the restaurant and bar business has ceased operation as the owner operator is retiring. Rental income is currently generated from the short term lease of the guest rooms and 3 bedroom house. Potential for the new owner to revive the restaurant and bar business and run the entire hospitality business themselves, while living in the tranquil environment of the property. A good lifestyle choice for an enterprising new owner.

With its prime location and large land holding of 4024 sqm, this property presents an incredible opportunity for investors and entrepreneurs in the hospitality industry. Kaukapakapa is a growing township not far from Albany. The potential for capital gain in the property and business growth in a growing township is promising. Don't miss out on the chance to own this remarkable establishment. Call the Sole Agent now on 021-996280 for more information and to arrange a viewing.

( Note: The vendor will also consider property swaps)