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This freehold tavern is on the market. Locally known as Sunset Point Bar and Bistro. The complex sits in the centre of the beachside settlement of Mahia beach. The tavern, which is 490m2 (more or less) in size, is sitting on TWO freehold sections, having a combined land area of 1,567m2 (more or less). The vendors offer-for-sale all freehold land and buildings.
*8 Gaming machines
* Also adjacent to the premises (and including in the sale) are two additional residential dwellings
Both of these dwellings are situated on a 945m2 freehold section. Here is a unique opportunity and to make one's mark. For those of you with dedication and drive, there is a real opportunity here to build and grow this once thriving business and turn it back to what it once was. The vendors are realistic with their expectations and therefore are seeking less than "brick and mortar" pricing for this complex. With what is being asked ($950,000 NEG + GST if any) and what the Rateable Value is currently standing at ($1,030,000) this has to represent amazing value in terms of real estate alone. This is a lifestyle opportunity for those of you who want not only reasonable real estate values but an opportunity to revitalise a once flourishing business....... or maybe the opportunity of something completely different to the current usage? Who Knows? Food for thought.
Please direct interest to our resident Mahia agent Des Blake.
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