A leasehold is the lease of the motel land and buildings and a leasee is buying motel chattels, the business goodwill, business lease and the right to operate as a motel for a set period of time.
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  26 Unit Quality Motel in Palmerston North: An opportunity to purchase a quality motel lease. Studio, One,Two & Three Bedroom units + Conference Venue. Three Bedroom home handy to schooling, shops etc. Recently completely refurbished. 25 years left on the lease. Some units with spa baths frequently requested by guests.
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 Live on the Kapiti Coast and earn an extra $38,000 income: Consider this 8 unit motel easily managed by one person. Excellent occupancy. Vendor has reinvested into the business complete with flat screen T.V's + Broadband. Landlord would consider selling the Freehold.
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The Chancellor: 18 Units 10 Studio, 6 One Bedroom, 2 Two Bedroom, plus Conference Venue separate motel kitchen & laundry, Comfortable 4 Bedroom home. lock up garage. The Location enables guests a comfortable walk to city centre. Vendors are prepared to negotiate and meet today's market, their loss your gain.
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The only motel in Central City location: Opened May 2008, 18 units comprising of 14 Studio, 4 One Bedrooms. Air conditioning fitted in all units, several with spa baths. Quality chattels fitted throughout. The motel is established and showing great returns. Situated in Hawera which enjoys a high occupancy.
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 Like a Bottle of Wine getting better every day: 18 Luxury units plus three bedroom home with living room on ground level opening onto a private courtyard. Motel complex is ground level guests can park there vehicles at the door of the units. The motel opened 2007, 21 years on the lease with the rental having been recently reviewed.
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 Near New Getting better by the day:Opened January 2009 with 35 superior self-contained Family, Studio, Access & inter connecting suites. 5 Star Qualmark rated complex and new 30 year lease. All the modern facilities have been designed into this complex which is new to the market.
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 This is no Illuzzion. 13 units + Conference Venue 3 Bedroom managers residence located on a main thoroughfare into Palmerston North. Handy to all city amenities & facilities. 7 Studios, 4 One & 2 Two Bedroom units, 6 units with spa baths. The Vendor has slashed his asking price as he is leaving town, enquire today about the new asking price..
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National Park Calling all outdoor adventurous people this business is for you. 27 rooms providing accommodation, hire of ski equipment, tramping clothing & mountain bikes, all keenly sought after by outdoor pursuit members of the public. Communal kitchens guests prepare their own meals. 23 years on the lease.
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 Look!!!! asking price reduced further,creating a higher Return On Capital Invested: 26 units consisting Studio, One Bedroom, Two & Three Bedroom Suites plus Conference Venue with small restaurant: Guests may dine on the premises Monday / Thursday and relax in the covered atrium. Conference venue capacity of 25 people opening onto a private balcony.
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 Centrally located on a main thoroughfare into Palmerston North: 17 units - 12 Studio, 4 One bedroom, 1 Two Bedroom units. Comfortable 3 Bedroom home, master bedroom with en-suite, family size lounge.
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Disclaimer: The property information has been prepared from information supplied by the owners. Every precaution has been taken to establish the accuracy of the material. No responsibility or liability is accepted by McCrae Real Estate Ltd (Licensed Agent REAA 2008) its principal, agents or employees. Prospective purchasers should make their own enquires and satisfy themselves as to all aspects of this material.
Copyright © 2012 McCrae Real Estate Limited - Licenced Real Esate Agent REAA. All Rights Reserved.
McCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.
Leaseholds