Peryman says the spacious manager's apartment is on its own unit title with all the advantages of private ownership and capital gain for beachfront real estate.
"The apartment presents an extraordinary buying proposition," he says. "It is set away from the motel units above the reception, office, kitchen, laundry, garage and storage areas. It has two large bedrooms [and] a large open-plan dining and lounge area leading to an outside patio barbecue deck for entertaining.
"The bathroom has just been renovated and there are new floor coverings in the bedrooms, as well as carpet on the stairs."
The office and reception area is the first area of contact by "walk-in guests" and customers who make bookings by phone and email, which are often made well in advance and are entered into a computerised booking and control system.
The system is used to control the day-to-day running of the motel, recording check ins and check outs and also includes cleaning rosters. The website is one of the most popular ways to book and advertises many special offers in conjunction with local tourist attractions.
"The business employs cleaners and ground maintenance staff who live locally and who are well versed in the standard required to maintain five star quality," says Peryman.
He says Whitianga has a population of about 4000 which can swell to well over 40,000 residents at times like Christmas and special event weekends.
"Christmas is the busiest time of the year at Admiralty Lodge, with many of the units booked well in advance, and with minimum stay nights."
Admiralty Lodge has focused on creating a broad customer base and guest profile to generate an annual net income in excess of $140,000 from overseas visitors and New Zealand tourists.
"Particular effort has been put into the business and corporate sector with such guests generally staying from Monday to Thursday and offering a steady cash flow."
Peryman says Admiralty Lodge reports excellent and consistent profits and offers new owners an enviable beach lifestyle with low living expenses and a good income in one of New Zealand's premier locations.
"The Coromandel Peninsula is one of the most sought-after holiday destinations in New Zealand and is famous across the world," he says. "And Buffalo Beach is a beautiful and safe sandy bay where patrons of Admiralty Lodge can bathe in the clear pristine water."
Other nearby beaches include Hot Water Beach, Hahei, Matarangi and New Chums beach. "With an excellent 18-hole golf course and daily commuter flights from Auckland, Whitianga is fast becoming the Coromandel Peninsula's favoured destination.
"It has a magnificent marina, excellent fishing, quality restaurants and cafes and well-developed retail, commercial and service sectors. Recently The Warehouse and Countdown supermarket opened stores, "showing their commitment and confidence in the town".
Peryman says the Whitianga and Coromandel tourism sector is very active with a steady flow of guests drawn to Admiralty Lodge by many events throughout the year.
