Voted New Zealand's Most Loved Beach by Herald readers, Ohope enjoys over 2500 hours of sunshine each year. With warm waters, safe swimming and a huge range of land- and water-based activities, the Bay of Plenty beach is regarded as the perfect summer holiday destination.
On the eastern end of this 14km beach, you’ll find Ohope Peninsula, a narrow strip of land separating the beach and Ohiwa Harbour. It has a remote and secluded feel while being a stone’s throw away from all the major amenities that Whakatane (10-minute drive) has to offer.
In the heart of this peninsula, you’ll find Ohope Beach Resort. Aptly named, this business is being marketed by Link Business Brokers’ accommodation specialist Lindsay Sandes.
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“There are two aspects to this sale. The management rights business lets you operate the hotel using apartments in the letting pool and the manager's apartment is freehold real estate that provides security of tenure and capital gains in a competitive market,” he says
Ohope Beach Resort was purpose-built for discerning owners. Two three-storey towers and two stand-alone buildings make up 31 fully self-contained premium apartments offering views from most suites to the beach or harbour.
Complemented by guest facilities that include a swimming pool, lap pool and solar-heated lounge pool, two spa pools, tennis court, gym, sauna, games room, petanque court and a conservatory with a kitchen, secure undercover carparking and free unlimited wi-fi, the resort offers peace of mind for guests of all ages.
Owners David and Janine purchased the management rights business and freehold manager's apartment a few years ago with a very specific lifestyle in mind.
“We wanted a business that gave us more than just a secure income,” says David. “Living at the resort lets us enjoy all the in-house facilities and on most days we’re able to go off-site and make the most of what the area has to offer.”
From land-based activities like walking, hiking and mountain-biking the numerous trails to a range of water activities like kayaking, paddleboarding and jet-skiing in the harbour or surfing, fishing and sailing in the ocean, Ohope Beach has something for everyone.
This business and the freehold apartment are selling as the vendors are on the move. “Seldom do accommodation businesses offer such premium real estate and lifestyle, coupled with sound financial returns” says Sandes.
This management rights business has two income streams. “Firstly, you’ll be appointed and acting as the building manager and secondly, you’ll be managing absent owners’ apartments in the hotel letting pool,” he says. The letting pool has 17 boutique, 2- to 4-bedroom, fully self-contained beach- or harbour-facing apartments with balconies/decks available.
Additionally, the manager owns a freehold, recently refurbished spacious executive apartment with 2-bedrooms, 2-bathrooms, open-plan dining/kitchen, private deck, double garage and aircon. There is also internal access to the office and reception.
Ohope Beach Resort management rights business and freehold owner's apartment is offered at $1,399,000 plus GST (if any), broken down as real estate: $704,000, management rights business: $695,000.
Contact: Lindsay Sandes, Link Business Brokers, 021 895 940, [email protected]
- Article supplied by Link
