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mccraeMcCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.

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Manawatu Motel Association Life Member

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Home Leaseholds Palmerston North
Palmerston North

Leasehold Property Ideal motel for one person to manage. 12 units in central city comprising of 8 Studio 4 One Bedroom units with 3 Bedroom home. Recently refurbished this complex is waiting for an enterprising moteller to lift the motel to the next level.

The motel offers an opportunity to be managed by one person with a spouse working off site. Occupancy is moderate with active marketing and promotions which should increase the turnover. Being handy to resturants, RSA clubrooms, downtown Palmerston North. The Vendor has place the lease on the market with a most realistic asking price. (He is keen to sell).

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Price $250,000

ACT TODAY CONTACT McCRAE.

REF: # PM2106

For further information on this property contact one of our sales team quoting the above REF#.  This e-mail address is being protected from spambots. You need JavaScript enabled to view it or This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 
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