 Vendors serious about selling there leasehold motel: It's Real Value priced realistically at $398,000 (+ gst if any) Looking for an established motel business? Take the time to arrange an inspection, you will not be disappointed. Nobody minds buying quality make an enquiry today before it's sold.
12 Units 8 Studio, 4 One Bedroom, all ground level complete with private BBQ area, park like grounds, plenty of parking for vehicles. LCD Flat screen TVs have been installed throughout. The complex is central city location. Realistic rental reviewed 3 yearly. 2 Bedroom home with lock-up garage. Looking to your own business this is a cracker. The complex is as good as the photos show,asking price is realistic. The recession has not effected this attractive motel. Purchasers looking to buy a sound established business can buy with the knowledge they are looking at a motel with no deferred maintenance. Return on Capital Invested shows 25.75%. The complex is a member of Host Accommodation Group which offers benefits to guests throughout New Zealand & Australia.
Arrange a time with Malcolm McCrae to discuss the advantages of this motel business.
Asking Price $398,000 (+ gst if any)
For further information on this property contact one of our sales team quoting REF# m531. Email
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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.
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