Karamea Village Hotel, 30 Wharf Road, Karamea, Buller

$1,350,000
6,945m2
Land Area
870m2
Floor Area

+26

+25

Prime Tourism Opportunity

The Karamea Village Hotel has been a community hub providing food, beverage, recreational and social services to the Karamea community and visitors to the region for over a hundred years. It is a local institution integral to the Karamea community and well-supported by the local population. It is also ideally located to cater to the needs of tourists, travellers, and visitors to the region. For example, when you finish walking or riding the Heaphy Track, a cold beer and hot shower, a hearty dinner and a comfortable bed to celebrate "knocking the bastard off," the Karamea Village Hotel is just the place to satisfy those requirements. It's the first stop off the Heaphy and a welcome sight for weary outdoor enthusiasts. The hotel is also an excellent base to visit the world-famous Oparara Basin's incredible limestone arches, caves and rainforest walkways...and the Karamea Beach, River and Estuary are all within short walking distance. The Karamea Village Hotel is a superb tourism facility and a historical icon for the Karamea populace; it's a meeting place, a social hub, a great night out, a wedding venue, a conference facility, a great spot for a family reunion or club gathering, a welcome end to an outdoor adventure and a perfect base to explore the incredible Karamea region. The current publican has been at the helm for 40 years and is ready to pass on this lucrative business and essential facility to a new owner who can accept the baton, take the opportunity and run the next leg of the journey for this exceptional facility, venue and location. To be sold as a profitable freehold going concern business in a rapidly growing tourism market with tremendous growth potential. Please call Paul today for more information or to arrange an inspection of your possible future opportunity.

Karamea Village Hotel, 30 Wharf Road, Karamea, Buller

Web ID

WEU175066

Floor area

870m2

Land area

6,945m2

District rates

$4,865.30 PA

Regional rates

$2,132.01pa

LV

$350,000

RV

$1,300,000

$1,350,000
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Contact


Paul Murray

Paul Murray

027 256 9967

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Property enquiry

Property enquiry for
WEU175066

About the location


Satellite

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Secure the perfect opportunity to operate your very own cafe and restaurant situated in a prime location at the entrance of Westport township. Nestled amongst the majority of Westports motels and just a two minute walk from the new Health Centre, you'll attract walk-in customers and new, regular, repeat guests. You will also be able to capitalize on the steady stream of potential customers that drive into town everyday and who appreciate an inviting place to stop and rest. This beautifully kept, charming cafe and restaurant, known as the Yellow House has mature gardens with stunning views of the hills. It is well known for its fine food and drinks, and both indoor and outdoor areas are ideal for hosting a variety of events. Take advantage of the existing business and buildings or create something new. This is an amazing chance to own your own business located in a brilliant area with massive potential for further growth. A popular destination for locals, out of towners and tourists, boasting a homey, cozy feel, friendly staff and chill atmosphere for customers to enjoy delicious food and drink. With living quarters out the back, this could be a passionate, foodie chefs ideal lifestyle. The restaurant is placed on a good sized piece of land, with ample parking, a very well-appointed open kitchen and all you need to get started. Imagine the possibilities, from the freedom of being your own boss to building on your own passion for this industry! This is definitely your chance to make something special. Don't miss out on this incredible opportunity. This property is being sold plus GST if any.

$670,000 + GST (if any)
1
Bathrooms

Fully fenced section that could be ideal for storage units, commercial operation or base for parking up. 488m2 freehold section that has remained high and dry. Services at roadside. Not many vacant sections zoned commercial and priced to sell. Price is plus GST if any.

From $90,000 + GST (if any)
3
Bathrooms

This property is multi tenanted and has good returns. Currently three tenants providing $875 per week plus 50% of outgoings. Current nett $39,366. Freehold section of 407m2 and a building cover of approximately 368m2. The building will require seismic strengthening by 2034. Report available. Excellent location and well worth inspection.

$350,000 + GST (if any)

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