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  Flamingo Motel Vendor prepared to meet today's market now's the time to make your offer. Well established and a successful motel in New Plymouth 30 units set in resort like grounds. Income for the 2011 financial year show an excess of $24,000 (ex gst) per unit this must be an attractive proposition to the buyers looking for a larger motel. The buyer of this leasehold could receive the benefit of prepaid expenses up to $25,000 provided by the Vendors along with strong forward bookings. They are serious about selling to retire.
Guests love returning to relax in the motel grounds complete with hot indoor swimming pool. Showing an excellent return this complex is worthy of serious consideration. Immaculately maintained & serviced throughout, seeing is believing. Long term lease 24 years to run. The complex offers accommodation for small or larger groups along with the corporate trade and the general travelling public. Unit configuration of 16 Studio, 6 One Bedroom & 8 Two Bedroom and a comfortable 3 Bedroom home with lockup garage. Here is your opportunity to purchase and enjoy the cash flow the vendors have enjoyed over the 5 1/2 years of ownership. Arrange an inspection today you will not be disappointed. The Vendor requests get me an offer, they are serious about retiring.
 Price Vendor prepared to meet the market (+ gst if any)
ACT TODAY CONTACT McCRAE.
REF: # MM522
For further information on this property contact one of our sales team quoting the above REF#MM522
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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.
