Unbelievable Views and quiet location only 120 kms north of Cebu City, on the northwest coast of Cebu Island. Philippines.
This business has run under management for the past 2 years and the staff have done a great job and we recently received an award from Bookingdotcom
You can find the location of the property here: http://bit.ly/kiwiresort
This property is unique in every sense. The main house is 25ft above sea level and 30 meters from the beach.The main house overlooks two islands offshore and magnificent white beaches in the area.
LAND AREA is more or less 6699 sq/meters (about 1.67 acres) elevated 25ft above sea level and has two road boundaries,(corner site) Land is planted in mango, coconut, banana and also other local fruit tree varieties.
Boundary is fully fenced with concrete wall.
Property is titled.
MAIN BUILDING is fourteen years old and is approx 700 sq/meters (7,000 sq/ft) two story with eight fully furnished double bedrooms all with beautiful ensuite bathrooms and hot water.
Upstairs Bedrooms are furnished in pure mahogany furniture with King Size Handcrafted Mahogany beds. and quality innerspring mattresses, with quality fittings throughout.
Upstairs there are 4 bedrooms of approximately 30 sq/meters each and also a Master Bedroom 50 sq/meters with walk in wardrobe and plenty of room. All rooms have windows with quality views.
All rooms have Cable TV and IDD phone with excellent Internet connection is onsite.
The way this building has been constructed with columns and beams allows for additional 5 bedrooms to be added. Downstairs there are 3 smaller double bedrooms and a separate toilet, also a commercial kitchen with walk in pantry, double sink and Italian gas stove, with refrigerators and freezers.
A separate 60 seater BAR/RESTAURANT is also on the property with has underground water supply and power. Included is a fully tiled commercial kitchen all ready to go.
8 tables with seating for 36 patrons plus a large mahogany horseshoe shaped bar seats another 25+ .
Fully functioning commercial kitchen fully tiled.
Large his and hers toilets all fully tiled.
Again plenty of room to expand here.
The swimming pool is 10 meters by 30 meters and the pump/filter room is up to international standards with dual filtration/pumps. New 1 year ago.
There are 4 other outbuildings comprising a laundry, housekeeping, and also staff and managers accommodation.
A 25 KVA generator in case of emergency is also installed and hardwired with underground wiring. All security lighting is in place.
This area is fast developing with private and govt spending topping 5 billion over the next two years with new roading and a new golf course, this complements the already popular golf course of Mercedes Golf and Country Club 20 minutes away.
The City of Bogo is 25 mins away and has most things including supermarkets and wet markets and a great aircon bus service to Cebu City with buses leaving every 30 mins throughout the day.
With a land area of around 1.67 acres there is plenty of room for expansion, There is a new water bore with beautiful fresh water which saves a lot of money if you need to top up the pool or irrigate in the summer.
As the property has two road frontages, there is plenty of scope to subdivide into smaller blocks.
As a business it is very popular and profitable, but it’s time to retire.
All help would be given to new owners with regards to retaining staff and transition.
The current valuation of this Land, Buildings,Chattels, and Business is 46 m pesos, totally negotiable to get to a fair result.
This property is a great investment if you are looking for a retirement business and we would look at a house/commercial property, swap proposal in either NZ or Australia.
Direct Buyers Only.
Contact: Lezeilda Tampan Philippines
Dick Dunlop – New Zealand +64221896339