Tauranga, North Island
Unlock a Thriving Accommodation Opportunity: Invest in Tauranga's Arty Apartments.
NZD $250,000
Business Description
These fresh and bright apartments provide the ultimate flexibility for travellers giving access to multiple business sectors - groups, families, individuals, backpackers. The self check in process provides easy care for the business owner, reducing your input and maximizing profits.
Convenient location: In the heart of the city, with FREE parking.
Affordable rates: Starting at $46 per night.
Flexible booking options: For individuals and groups.
Self-check-in: Just pay online and stay.
Self-serviced apartments: Arty Apartments are your home-away-from-home.
Secure and comfortable: Accommodation with modern amenities.
Total flexibility!....book-a-bed, book-a-room, book-an-apartment OR book-the-whole-LOT!
Arty Apartments Accommodation property features -
3 Apartments made up of one, 5 bedroom apartment and two, 2 bedroom apartments
Fully equipped shared kitchen, lounge, and dining area in each apartment
Laundry Facilities
Off-street parking
Fully refurbished - Sep 2024
Located at 356 Cameron Road, Tauranga
13 years left on the lease
Configuration Information -
Apartment 1: 5 - Bedroom Apartment (10 x people)
Bedroom 1: Twin Room, 2 x single beds (sleeps 2)
Bedroom 2: 1 x Double Bed (sleeps 2)
Bedroom 3: 1 x Double Bed (sleeps 2)
Bedroom 4: 1 x Double Bed (sleeps 2)
Bedroom 5: 1 x Twin Room, 2 x single beds (sleeps 2)
Apartment 2: 2 – Bedroom Apartment (4 x people)
Bedroom 1: Twin Room, 2 x single beds (sleeps 2)
Bedroom 2: Queen Room (sleeps 2)
Apartment 3: 2-bedroom Apartment (5 x people)
Bedroom 1: Twin Room, 1 x single bed, 1 x Double Bed (sleeps 3)
Bedroom 2: Queen Room (sleeps 2)
Tauranga, which translates to "place of rest or anchorage" in Māori, offers lots of activities to keep you occupied in addition to a stunning harbour and breathtaking vistas that make it an ideal spot to unwind and rejuvenate. With 140,000 residents, Tauranga is the biggest city in the Coastal Bay of Plenty. Because the vast metropolis is nearly entirely encircled by water, residents spend their days swimming, diving, fishing, and taking in the breathtaking vistas from practically every angle.
The owner has operated 2 accommodation businesses in Cameron and has just sold the backpacker business leaving the Arty Apartments for someone looking for a great opportunity in Tauranga. Both businesses were run successfully for 10 years and enjoyed good returns, but now the hard work has been done with one business sold and the refurbishment of all 3 Arty apartments, the vendor is ready to move on. Now that Tourists are well and truly back it is a great opportunity for someone to write the next chapter in Tauranga's backpacker,Airbnb and/or lodging scene.
Business Summary
Key Investment Insights
1. The business for sale is a thriving accommodation opportunity located in Tauranga, New Zealand.
2. The apartments offer flexibility for different types of travelers including groups, families, individuals, and backpackers.
3. The self-check-in process allows for easy management and maximum profits for the business owner.
4. The location is convenient, with free parking, and affordable rates starting at $46 per night.
5. The booking options are flexible for both individuals and groups.
6. The apartments are self-serviced and provide modern amenities for a comfortable stay.
7. The property features three apartments, including a 5-bedroom apartment and two 2-bedroom apartments.
8. Each apartment has a fully equipped shared kitchen, lounge, and dining area.
9. Laundry facilities and off-street parking are also available.
10. The apartments have been fully refurbished and have 13 years left on the lease.
11. The business is located at 356 Cameron Road, Tauranga.
12. The apartments can accommodate a total of 19 people in various configurations.
13. Tauranga is a popular tourist destination with activities such as swimming, diving, fishing, and stunning views.
14. The owner has successfully operated two accommodation businesses in the area and is now selling one to focus on the Arty Apartments.
15. The business has enjoyed good returns and now presents a great opportunity for someone to take over and continue its success.
