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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.
This Leasehold Interest has been priced to meet today's market offering a realistic return on investment. The Landlord has recently up graded the Lessee's residence be first to take advantage of these improvements.Vendor finance may be available to an approved purchaser as they are serious about selling. For the purchasers looking for quality this motel you must inspect. Linen cleaned by a laundry company. All chattels owned. The complex has a Squash Court plus a Gymnasium for those guests looking after their fitness. Now must be the time to enter the hospitality trade, good motels have survived the recession. Vendors are realistic, must sell, prepared to negotiate. If this proposition interest's you contact Malcolm McCrae for further information.
Don't delay contact McCrae
 $800,000 ono (+ gst if any)
For further information on this property contact one of our sales team quoting REFm599. 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.
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.
