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Award Winning Rotorua B&B In Idyllic Setting For Sale

Rotorua, Bay of Plenty
Asking Price:
Available on request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Mokoia Downs Estate B&B is a unique property situated on the outskirts of Rotorua, one of New Zealand and the South Pacific’s premier visitor destinations. The leafy, park-like setting is enhanting and secluded, and offers a degree of privacy and relaxation that is hard to find in such a popular visitor location.

The 5 bedroom / 5 bathroom / 2 kitchen lifestyle property is set on 2.18 hectares of paddocks, formal gardens and an organic fruit, vegetable and herb garden, and includes a 4 bedroom (3 bathroom) main home, a 5th bedroom with ensuite adjacent to the main home, 3 bay and 6 bay sheds, swimming pool with enclosed deck area and changing facility, and a large, adjacent cinema / function room with bathroom and kitchen facilities (originally built as a Dance Studio, and now easily and inexpensively adapted into an additional dwelling or one or two bedroom owner accommodation).

Currently run as a lifestyle option rather than a full-time business, Mokoia Downs has nevertheless been voted for 5 successive years by Tripadvisor as one of New Zealand and the South Pacific's top 25 B&Bs.

Included in the sale of Mokoia Downs B&B as a going concern are all chattels relating to the operation of the B&B, the website www.mokoiadowns.com, a facebook business page, a database of all past guests with contact information, and all information relating to business relationships with inbound and overseas travel agents as well as all forward bookings. Following a sale, the current owners will share all aspects of how they operate the B&B with the new owners and, if desired, will work alongside the new owners for an agreed period running the B&B, ensuring that they “hit the ground running” and achieve immediate success.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Currently the master bedroom in the main house, but could easily be a new 1 or 2 bedroom dwelling through conversion of the cinema / function room.

Location:

Situated in a highly desirable cul-de-sac between the Rotorua suburbs of Hamurana and Ngongotaha, close to main attractions, and just 12 minutes to central Rotorua.

Premises Details:

Built as a Lockwood style home, Mokoia Downs has been substantially developed and improved by the current owners. Set in a little over 5 acres (2.1829 hectares), Mokoia Downs has the potential to be sectioned into one or more additional plots with separate title(s) (mimimum 4000 sq metres, and subject to geo-technical survey, application and council approval).

The 5 bedroom / 5 bathroom / 2 kitchen property includes a 4 bedroom (3 bathroom) main home (with a fourth toilet in the utility room), a 5th bedroom with ensuite adjacent to the main home, a 3 bay shed, a 6 bay shed with recessed rear wall in one of the bays for additional cars, boat and workshop, deer and donkey sheds, swimming pool with enclosed deck area and changing facility, wooden gazebo, and large cinema lounge / function room with bathroom and kitchen facilities (originally built as a Dance Studio, and now easily adapted into an additional dwelling or one or two bedroom owner accommodation). The property includes a number of rare and unusual artefacts, has been extensively landscaped, and benefits from a near 360 degree shelter belt of trees which gives Mokoia Downs an enchantingly peaceful and secluded ambience.

In front of the house are formal gardens and a tiered lily pond, and to the rear of the property is an organic garden created by the current owners, and which provides many of the ingredients for the gourmet breakfasts served up at Mokoia Downs Estate B&B, as well as for the hand-crafted liqueurs made by the owners in the on-site micro-distillery. Most of the remaining acreage is divided into paddocks with deer fencing. Currently “residents” include 3 pet sheep, 2 donkeys, a miniature horse and 11 hens. The idyllic setting is further enhanced by a variety of ducks gliding up and down a small spring-fed stream which runs around the lower half of Mokoia Downs.

Size in square feet:
Approx 458m² / land = 2.18 hectares
Planning Consent:

Cinema / function room can easily and inexpensively be converted into an additional dwelling subject to planning consent. Land is sub-dividable subject to planning consent.

Business Operation

Expansion Potential:

There is considerable scope for expansion. The cinema / function room can easily and inexpensively be converted into an additional dwelling, and further dwellings could be achieved through conversion of some of the garage bays. Mokoia Downs also offers a highly desirable setting and ambience for weddings, functions and conferences.

Competition / Market:

Rotorua is one of New Zealand and the South Pacific's premier visitor destinations. There is a wide and plentiful range of accommodation available locally, but the international reputation and many awards earned by Mokoia Downs ensures it is a highly desirable choice for the discerning traveller.

Reasons for selling:

Re-locating to the UK by July 2019 for personal reasons.

Trading hours:

7 am to 7 pm (on and off), c 24 days a month. Currently operated for 8 months a year as a lifestyle business.

Employees:
Husband and wife team (Mick and Teresa, the owners)
Years established:
7 years

Other Information

Support & training:

Following a sale, the current owners will share all aspects of how they operate the B&B with the new owners and, if desired, will work alongside the new owners for an agreed period running the B&B, ensuring that they “hit the ground running” and achieve immediate success.

Website:
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Related Documents:
Home based:
This business can be run from home.

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