10 Bed Commercial for sale

Rarotonga, Cook Islands

£729,205

 [$1,400,000]

Property Details

  • Bedrooms: 10
  • Bathrooms: 10
  • Plot size: 3733 m2

Features

  • 3,773sqm oceanfront leasehold property
  • Superb location on Rarotonga's sunrise coast
  • 7 beach bungalows, 2 garden bungalows
  • 3 family units including manager's residence
  • Salt-water swimming pool
  • Plans approved for 4 additional bungalows
  • Huge potential to expand and grow business
  • Well-established business with solid history

Full Description

Located on the spectacular sunrise coast of Rarotonga in the Cook Islands, on the eastern side of famous Muri Beach, this tidy self-catering tourist complex offers tons of potential!

Cook Islands of the South Pacific is a gem of 15 stunningly beautiful islands offering an attractive lifestyle opportunity with excellent business environment and thriving tourism industry. Visitor arrival numbers to the Cook Islands are currently at an all-time record peak (160K visitors in 2017) with an increased number predicted in 2018.

Set on approx 1 acre of tranquil gardens and beach, Sunrise Beach Bungalows is a unique property featuring 7 stand-alone studio bungalows and a 2-storey accommodation block of 3 family units (one unit currently used as a manager's residence).

A plan for 4 additional bungalows has already been approved allowing a new purchaser to expand the resort further.

5 oceanfront bungalows are strategically positioned along the oceanfront to capture the stunning sea views and spectacular sunrises. Also an amazing spot to watch the whales in season.

Located directly behind are two garden bungalows nestled amidst lush tropical surroundings.

Each bungalow features a small kitchen, private bathroom, and spacious covered verandah with chairs and table for relaxed outdoor living and dining.

The property's latest development is its new pole ocean villa. Uniquely perched above the sandy beach, it offers superior panoramic views of the sea.

The 2-storey accommodation block consists of a very spacious upstairs 2-bedroom family unit (sleeps 6), and 2 downstairs 1-bedroom family units (sleeps 4)

Complete with a large salt-water swimming pool for guest enjoyment.

This resort has wonderful potential to add roof thatching to each of the bungalows and create a very special Polynesian atmosphere on its very own white sand private beach.

Listing price $1,400,000 + 15% value added tax (reclaimable).
This property listing (ref: JT021) is an advertisement supplied by Jeff Tikitau Real Estate Cook Islands and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

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