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 Vendor reduces price $100,000 they are serious about selling. 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.
Opened May 2008 with a 30 year lease. The only motel within walking distance from the central city. The motelier has developed a strong corporate trade during the short period from opening day. The vendor has placed the leasehold on the market now that the turnover is up & running. As Hawera enjoys strong support from the corporate trade and the travelling public, the future of this motel looks very promising.
Buyers looking for quality with an established turnover should arrange an inspection, they will not be disappointed.
To discuss this proposition further contact Malcolm McCrae
 $850,000 New Price $750,000+ GST if any)
For further information on this property contact one of our sales team quoting REFnb566. 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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McCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.
