Tauranga, North Island

Calling All Developers Massive FHGC Land Parcel

Land, Buildings and Business Price on Application

Business Description

Tightly held for approximately the last 29 years, this is an extraordinary opportunity to own a highly desirable Tauranga freehold going concern motel together with the adjoining family home. Combined making up a parcel of land totalling approximately 4,842 sqm (more or less) with dual entrance & exit points.

This relatively flat land sits in a very strategic location, on a main arterial bus route and next to a commercial block including, hairdressers, acupuncturists, physiotherapists, dentist, and a private doctor's clinic which ensure future developments here have everything within close proximity. Perhaps a retirement village is beckoning?

The parcel of land, just off State Highway 29 is centrally located, in a peaceful park like setting. Just a 6-minute (approx.) drive to the Tauranga CBD & approximately 12 minutes to the famous surf beach at Mount Maunganui. The location is highly desirable and convenient.

Developers will also recognise the benefits of thermal water from the onsite bore and, the ability to continue to collect motel revenue while consents etc are applied for must surely be appealing.

The site boasts exceptional elevated sea views out towards Mt Maunganui and Tauranga's inner harbour, there are numerous possibilities!

Bring your builder and architect before this opportunity is snapped up by another savvy individual.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land, Buildings and Business of this Motel and 12 Wickham Place for sale in Tauranga via our website or by phoning CHRIS D'ANVERS on ---------- , DDI ---------- or ---------- .

Business Summary

Key Investment Insights

1. Rare opportunity to own a highly desirable freehold going concern motel in Tauranga.
2. Tightly held for approximately 29 years, showing the desirability and stability of the property.
3. Large parcel of land totaling approximately 4,842 sqm with dual entrance and exit points.
4. Strategic location on a main arterial bus route and next to a commercial block with various amenities.
5. Potential for future development, such as a retirement village, due to the convenient location and amenities.
6. Thermal water from onsite bore adds value and potential for further development.
7. Exceptional elevated sea views towards Mt Maunganui and Tauranga's inner harbour.
8. Motel revenue can continue while consents and permits are applied for, making it an appealing opportunity for developers.
9. Confidentiality agreement required for further details.
10. Information sourced from reliable sources but not verified for accuracy.
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