62 Moana Road, Okitu, Gisborne, New Zealand

Have the time of your life in Gisborne NZ

 

This iconic building situated on the East Coast SH35 just 7 minutes from the City and 15 minutes to the airport stands this impressive building with a unique history. Being the first ever licensed restaurant in NZ back in 1957. Currently divided into owner accommodation and 4 boutique style apartments currently let to permanent tenants for $350-$400 x4 NZ per week = $78,000 approx per annum. The building lends itself to being a surf lodge, day spa, cafe (resource consent would be required), a retreat or home with income. It has a current license as a backpackers. The owners have put their heart and souls into creating something incredibly unique to this part of the world right opposite the infamous Chalet Surf Break. The property will be sold fully furnished.