Balmy lifestyle beckons at Buffalo Beach
Admiralty Lodge is for sale at 69 Buffalo Beach Rd, Whitianga.
The management rights for Admiralty Lodge. the only Qualmark five star rated motel in Whitianga on the east coast of Coromandel Peninsula, are being offered for sale by Dave Peryman of Affiliated Business Consultants.
Peryman says the sale for a total asking price of $895,000 includes a freehold two bedroom manager’s residence.
“This property at 69 Buffalo Beach Rd is almost beach front,” Peryman says. “Built in 2000 in a style akin to the best of Europe’s Mediterranean architecture, it has fabulous sea views over Mercury Bay from all of the 18 luxury units, each of which is individually owned on a separate unit title.
“Nine one-bedroom units are on ground level with outside patios while nine studio apartments have fully sheltered conservatories. The ground floor apartment patios lead out to an idyllic outdoor pool area which is heated all year round. The grounds are immaculate and are picture perfect.”
Peryman says spacious manager’s apartment is on its own unit title with all the advantages of private ownership and capital gain for beachfront real estate.
“The apartment presents an extraordinary buying proposition,” he says. “It is set away from the motel units above the reception, office, kitchen, laundry, garage and storage areas. It has two large bedrooms, a large open plan dining and lounge area leading to an outside patio barbecue deck for entertaining.
“The bathroom has just been renovated and there are new floor coverings in the bedrooms as well as carpet on the stairs.”
The office and reception area is the first area of contact by “walk in guests” and customers who make bookings by phone and email which are often made well in advance and are entered into a computerised booking and control system.
The system is used to control the day to day running of the motel recording check ins and check outs and also includes cleaning rosters The website is one of the most popular ways to book and advertises many special offers in conjunction with local tourist attractions.
“The business employs cleaners and ground maintenance staff who live locally and who are well versed in the standard required to maintain five star quality,” says Peryman.
He says Whitianga has a population of around 4000 which can swell to well over 40,000 residents at times like Christmas and special event weekends.
“Christmas is the busiest time of the year at Admiralty Lodge, with many of the units booked well in advance, and with minimum stay nights.”
Admiralty Lodge has focused on creating a broad customer base and guest profile to generate an annual net income in excess of $140,000 from overseas visitors and New Zealand tourists.
“Particular effort has been put into the business and corporate sector with such guests generally staying from Monday to Thursday and offering a steady cash flow.”
Peryman says Admiralty Lodge reports excellent and consistent profits and offers new owners an enviable beach lifestyle with a good income in one of New Zealand’s premier locations and low living expenses.
“The Coromandel Peninsula is one of the most sought after holiday destinations in New Zealand and is famous across the world,” he says. “And Buffalo Beach is a beautiful and safe sandy bay where patrons of Admiralty Lodge can bathe in the clear pristine water.”
Other nearby beaches include Hot Water Beach, Hahei, Matarangi and New Chums beach. “With an excellent 18 hole golf course and daily commuter flights from Auckland, Whitianga is fast becoming the Coromandel Peninsula’s favoured destination.
“It has a magnificent marina, excellent fishing, quality restaurants and cafes and well developed retail, commercial and service sectors. Recently The Warehouse and Countdown” supermarket opened stores, showing their commitment and confidence in the town.”
Peryman says the Whitianga and Coromandel tourism sector is very active with a steady flow of guests drawn to Admiralty Lodge by many events throughout the year like the Scallop Festival, Festival of Speed, K2 Bike Race and Pohutukawa Festival.