Central Taranaki
Central Taranaki Land of Milk, Oil & Generating Electric Power
Price :
$490,000Number of Units :
14Description
14 units comprising 8 Studio 4 One Bedroom 2 Two Bedroom units and the owners 3 Bedroom home with lock up garage. One of the better motels in Taranaki 4 Star Qualmark rating. Now is the time to arrange an inspection you will be impressed. Vendors ill health forces sale to retire.
Oil exploration within the district, strong corporate clientele creates strong forward bookings from guests looking for long term accommodation plus the general travelling public, there is no quiet periods with this motel. Both the Lessee and Lessor contribute to the maintenance fund. Several units with spa baths and the complex has wireless broadband installed. Some linen hired and cleaned by a laundry company. Constructed in low maintenance materials and recently refurbished throughout, all units ground level.
This motel is located on State Highway Three, enjoys a high occupancy the future looks bright with so much activity within the district a buyer can purchase with confidence. Buyers looking for a motel with a constant monthly income must give this motel serious consideration. Don't hesitate the Vendor has just reduced the asking price $100,000.
Don't delay contact McCrae
If you would like to own a motel as a Going Concern the Vendors will sell as a Going Concern.
Contact:
Malcolm McCrae
Malcolm McCrae is the principal of McCrae Real Estate Limited, MREINZ, REAA Licensed Agent
Malcolm (AREINZ) is a Licensed Agent REAA and has over 33 years experience selling real estate, the last 15 years specialising in the motel industry. Allied Member of the Motel Association of New Zealand and Approved Consultant to the Motel Association of New Zealand.
