Opportunity to purchase a motel lease in busy Petone 19 units, 11 Units with full kitchens 8 units with Tea/Coffee making facilities plus microwaves. new lease, trading with a 72% occupancy. The Lessee has constantly reinvested capital into the chattels & the complex. 3 Bedroom managers residence.
You will love the setting of this motel, established grounds with units over looking a park. 16 units consisting of Studio, One & Two bedroom units plus conference venue, comfortable three bedroom home large living rooms ideal for a family. Separate motel kitchen & laundry linen cleaned on site.
Luxury 5 star Motor Lodge 28 Units plus meeting room, double spa's separate shower quality imported chattels fitted throughout large 5/6 bedroom managers residence. New 25 year lease, If it's quality you are looking for Aotea you must inspect, it's the only motel of this standard in the city. Buying an established larger motel complex offering a higher return on capital invested increases the lessee's cash flow. Now is the time to buy.
23 Motel units 9 Studio. 10 One & 4 Two Bedroom units all ground level and self contained + Conference Venue 5 Bedroom home long term lease. Separate motel Kitchen & Laundry plus guest laundry. The complex has been designed to accommodate large and small groups plus the general travelling public. Guests park their vehicles in front of the units.
For the buyer who don't like paying a rental this is the opportunity you have been looking for, right in the centre of Taupo. 14 motel units plus owners 2 Bedroom flat with two studio units.
Vendor reduces asking price to meet today's market, as they have a new venture they wish to commence. From the moment you see this complex you will want to own the business. Modern 26 Units + Conference Venue First class chattels installed throughout, Long term lease 30 years with the right to extend a further 5 year and realistic rental has been fixed for the next 2 years.
Vendor reduces price further keen to sell.
Vendor in the mood to sell arrange a time to inspect the motel, capitalize on the lowest mortgage rates for 50 years. - Vendor has their business immaculately presented 18 unit motel featuring executive, family & Studio units. Located in the heart of the Central Business District of New Plymouth with an established client base showing an impressive return.
Located on the Motel Strip of Palmerston North 20 unit motel, lease expires 2044, 3 Bedroom apartment owners accommodation. The motel provides superior standard, guests accommodation all units with heat pumps, tiled bathrooms. swipe card entrance to each unit. Separate motel kitchen & laundry + guest laundry. Vendor currently repainting the interior of the units.
Here is a opportunity to buy a hospitality business in a castle. Within walking distance of the Palmerston North Square 14 units 3 Bedroom home. Easily managed by one person with spouse able to work off site. Spa baths in 11 units 3 units with interconnecting doors offering accommodation for larger groups. Lease negotiated till 2042 Vendors have recently refurbished the interior of the complex.
Potential with this motel lease located on a main thoroughfare into Palmerston North handy to Sports grounds, N.Z. Defence Force, Massey University.
Most motels in New Zealand operate by way of a lease. As you may already know, it is a rewarding and interesting lifestyle. A leasehold is the lease of the motel land and buildings and a leasee is buying motel chattels, the business goodwill, business lease and the right to operate as a motel for a set period of time.