This property is situated on the waterfront at Te Tii beach in Marsden Road Paihia. The property is part of a tourist holiday complex known as Sea Spray Suites which is run under a management lease by Heritage Hotels. This particular apartment, being one bedroom of approximately 38 square metres and fully furnished is situated on the first floor western side near the front of the complex. The apartment is light and airy with a small semi private deck space.
The owners can stay free of nightly charge for 14 nights per year. Any extra nights would be at 10% of the nightly charge. The balance of time the apartment is let out and the income minus the management fees and unit running costs is provided to the owners nominated bank account monthly in arrears.
An appointment to view is most necessary as the holiday season is in full swing. Price $325,000 plus GST (if any).