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A Stunning Unique Location...with options to develop!

For Sale

Reference #:

FH506

Price (+GST if any):

$1,400,000

Price Type:

Asking Price

Business Type:

Motels & Motor Lodges

Property Type:

Freehold Going Concern

Region:

West Coast

Punakaiki

This unique West Coast motel property has been 'in the family' for quite a while and is now offered to the market for sale.

Punakaiki has little room to accommodate the future growth projections from tourism and astute investors will recognise the potential. The accommodation occupies a high profile location on State Highway 6 right at the doorstep to the spectacular Paparoa National Park and surrounded with a quiet bush environment.

It is within walking distance of the renowned Punakaiki Pancake Rocks and Blowholes and enjoys magnificent coastal scenery from an elevated 5,893 m2 site.

There are currently eight self contained units with separate owners residence comprising five studios with bush surrounded deck, two x one bedroom units and a three bedroom cottage. The units are well maintained throughout, and cater for groups, families and tourists alike.

With the available land development options exist to increase unit numbers and given the continuing growth this region has seen these options are worth investigating.

Broker's Details

David Armstrong welcomes your enquiries

Mobile: 027 290 6055

0800 156 780

view David's other listings

Disclaimer
This listing information is compiled from information supplied by the vendor and other sources. Whilst all care has been taken to ensure accuracy, prospective purchasers should not rely on the contents herein as a statement or representation of fact, but make their own enquiries to satisfy themselves on all aspects.