190 Paroa Bay Road, Russell, Far North, Northland, 0272, New Zealand
New to the market is this excellent opportunity to acquire a freehold going concern tourism operation in one of New Zealand’s premier holiday destinations.
Paroa Bay Chalets is a fast-growing business located about 11 kilometres from Russell overlooking a boutique vineyard. Guests can enjoy a glass of wine at the cellar door and a summer evening meal at the vineyard restaurant approximately 400 m walk away. Russell township is a short drive away for shops, restaurants and other great facilities.
Currently boasting an outstanding rating of 9.7 out of 10 on Booking.com and with glowing comments about the tranquillity of the location, spectacular views and the native birdlife, the current owners have definitely got this right.
The property comprises of three standalone cottages on a 4.4590-hectare site, offering stunning northerly aspect and views out to Roberton Island and the bay in the distance.
These modern spacious units were completed in 2014 and are fully self-contained. They are well-proportioned and provide generous living space with a double bedroom on either end. Each chalet has two bathrooms, a laundry, barbeque and a fully equipped kitchen.
The business will be sold with a comprehensive list of chattels together with a schedule of forward reservations. The figures are showing a strong upward trend in occupancy rates and profit since inception.
Paroa Bay is developing as an area of high quality holiday and permanent homes within an attractive, rural coastal setting and restaurants, beaches and boat ramps nearby. This is a great base for exploring the region with boat launching at Te Uenga, the Cape Brett walking tracks, and the stunning white sands of Elliot’s beach all within a short drive.
