38 Puriri Bay Road, Auckland, New Zealand being shown by Barfoot & Thompson with MLS # 823314

Now Just $2.5M – Includes Freehold Property + Established Business + Huge Upside Potential. This is a once-in-a-lifetime opportunity to own a slice of paradise with unbeatable value on stunning Great Barrier Island – one of New Zealand’s fastest-growing holiday destinations. The motivated vendors have slashed the price from $3.1M to just $2.5M, and are open to all purchase options. This is your chance to own the land, buildings, and a business with serious income potential. There are a total of 12 bedrooms over 7 self contained units, a separate cottage plus attached manager's accommodation. Key Features: • Freehold waterfront property in a high-growth holiday destination • Accommodation business with strong existing bookings and massive upside • Multiple revenue streams ready to activate – bar, restaurant, events • Commercial kitchen and two large dining areas – currently not utilised since covid • Outdoor dining/bar potential for peak season profits • Managers Apartment / Owners Accommodation included • Newly painted restaurant/bar with licence on hold ready to re-open once new owners are found. • Backup generator installed • Bookings already coming in for summer Why Buy This Property? Great Barrier Island has unlimited potential. Trampers, tourists, and tradies are flocking – and accommodation is scarce. With the right marketing and a motivated operator, this property could easily become a gold mine. It's already ticking over as-is, but the opportunity for growth is enormous. Not only do you get to own a business on an increasingly popular off grid island but you get to live there yourself in the ample manager's quarters. With Mulberry Grove school a few Kms down the road you can give the children an island life experience at the same time! This is more than just a business – it’s a lifestyle change with income. Ideal for a hospitality couple, investor, or visionary looking to make their mark on a growing tourism hotspot.

Amenities

Bedrooms: 12
Full Bathrooms: 7
Partial Bathrooms: 0
Property Type: Residential
Home size: 0 ft² / 0 m²
MLS: 823314
Status: Active

$1,493,509

Listing currency: NZ$2,500,000

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