This is the dream property you are looking for. It has such great potential and heaps of rooms to add value.
The main building comprises the historic Okoroire Hotel, kitchen/dining areas, reception and an attached accommodation wing proving 14 en-suite rooms. A separate motel wing comprises five studio units, 2 two bedroom units and a massage unit.
There are several dwellings on the property; a five bedroom worker's dwelling, an older one bedroom cottage, a small backpacker dwelling, a manager's three bedroom dwelling with attached studio, 2 two bedroom dwellings and a larger three bedroom dwelling. Other development on the property includes various storage sheds, tennis court, beer garden, lawns and plantings.
On the eastern side of Somerville Road is a nine-hole golf course with a small golf pavillion and to the north of the hotel position is a camping ground with eight powered sites, basic amenities, and this adjoins the hot pools area which has been recently upgraded.
It is to be sold as freehold going concern. The property must be sold and this could the best chance to secure the property.
KEY FEATURES: • 27.0125 ha freehold land • Excess 2,000m² building • To be sold as freehold going concern • The motivated vendor has to sell • Great potential to add value • Please contact the listing agents for more detail