Cook Islands - Iconic Adults Only Beach Resort

Rarotonga
Reference: 0438
Hotel
$27,600,000NZD (+ Cook Islands Gov. VAT if any)

A rare opportunity to purchase an iconic adults only, beach resort with significant upside potential.

Located on a white sand beach directly in front of the Aroa Marine Reserve, this well established multi-purpose facility offers multiple income streams with good growth potential based on a firm foundation of current strong performance.

This iconic, 50-suite, four-star beach resort has a fully licensed bar and restaurant. Accommodation configurations include 48 Beachfront Suites, 1 Honeymoon Spa Suite and 1 x Two Bedroom Island Suite.

A full range of amenities are on offer including swimming pool with swim up bar, tennis and beach volleyball courts, water sports, guest laundry etc.

Set on a prime beachfront position on a 60-year lease with renewal subject to landowner agreement, this iconic beach resort can be purchased on its own or as a package in conjunction with The Rarotongan Beach Resort with 110 rooms, as well as adjacent lands with significant development potential.

The resort's prime beachfront location, well established business in the growing tourism market of the Cook Islands offers the potential for significant upside growth.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

We would welcome your enquiry on the Business Freehold on Leased Land at $27,600,000 NZD (plus Cook Islands Gov. VAT, if applicable) of this Resort for sale in Cooks Islands via our website or by phoning CHRIS WONG on 0800 263339, DDI 09 551 0154 or 021 106 6188.

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Chris Wong

Based in Auckland, Chris Wong has been proudly representing Coffeys since 2009. He holds a degree in Economics and Accounting and is an Alumni of the University of Hawaii’s School of Travel Industry Management.

He has an extensive background in the tourism and hospitality industry spanning some 30 years, twenty of which were at executive management level. He has also been involved in selling tourism businesses in the New Zealand and South Pacific markets. His extensive knowledge and tourism industry work experience has taken him through New Zealand, Australia, most of the Asia/Pacific region, the Americas and Europe.

Chris is passionate about the tourism industry and has an excellent grasp of its operational framework. He can relate to the issues affecting owners and operators and has a full appreciation of what buyers and investors are looking for. He continues to deliver the professional service for which Coffeys is well renowned.

Chris and his wife Helen have two daughters who also live in Auckland with their families and they enjoy the luxury of being a closely knit family. Cooking, fishing and travelling rank highly on his list of interests.