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270 Tiki Road, Coromandel, Thames-Coromandel

Asking Price $2,295,000

687m²

5,691m²

Turning of the Tide

Welcome to Tidewater Motel and Tourist Park located in the heart of Coromandel Town. This is an exciting opportunity to own a thriving and established business. Tidewater is a unique mix of tidy and well-appointed accommodation options, suiting all budgets, meaning that you’ll have a steady income stream throughout the year.

Just a two-minute walk into town, there are many options for guests here including powered and unpowered camping sites, one & two-bedroom self-contained units catering for families and studio units. The communal facilities include a large indoor shared kitchen, an outdoor barbeque area and a fish filleting station. Potentially subdividable, this property can host up to 150 guests at a time. All aspects of this property have been meticulously well-maintained including the owner’s/manager’s residence, also located onsite.

The owner/manager's residence is a huge bonus. A large (212m2), 3-bedroom villa from the 1900’s that has been respectfully updated to grow with your future investment.

We’re heading into the busy season with summer fast approaching and the beautiful Coromandel is a highly popular holiday destination so call us today to secure a viewing of this popular and profitable opportunity.

$2,295,000 + SAV + GST ( if any)

Additional details

Type

Home & Income

Property ID

TNK6268388

Listed on

18/09/2024

Updated

yesterday

Data

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OneRoof estimateRating valuationProperty history

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Property data

Broadband available

Floor area

520m²

Land area

5,691m²

Type of title

Freehold

About the area

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Time (yrs)

5 yrs

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Flooring

Total estimated cost is flooring

$39,682.50

This estimate is fully inclusive of carpet, underlay, accessories and installation but excludes travel and floor preparation, if required.

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Coromandel, Thames-Coromandel

Coromandel is a suburb which lies within the Territorial Authority of Coromandel, one of 39 residential suburbs which form the wider region. Coromandel is the 5th largest suburb of Coromandel in terms of the total number of residential housing stock. Coromandel provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Coromandel is made up of approximately 52% residential housing , 1% residential investment housing and 47% lifestyle properties.

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