• Buying, selling or investing in a motel?

    Buying, selling or investing in a motel?

    You’ve come to the right place because McCrae Real Estate have over three decades’ experience in the motel sales and investment industry. You will get reliable, accurate and up-to-date market information as well as a personalised service to ensure best results.

  • Tuki Tuki Motel
  • Palmerston North Pavilion
  • Fergussons Motor Lodge
  • Acacia Court Palm North
  • Palmerston North Bella Vista
  • Mount View
  • Braemar Palmerston North
  • Bassingers Levin
  • 8 Units Levin
  • Petone Foreshore
  • Tuki Tuki Motel

     An opportunity to buy a profitable motel business in Central Hawkes Bay:

     Vendor offers two options LEASEHOLD $415,000 OR FREEHOLD GOING CONCERN $1,650,000

     LEASEHOLD price $415,000  (+GST if any)  

    • Financial Statement year ending March 2018
    • 14 Units earning $27,500 ex gst per unit
    • 2018 income show a net return 32.5%
    • The figures display a strong client base & cash flow
    • Vendors offers    New 30 Year lease
    • Arrange to view today

        FREEHOLD GOING CONCERN $1,650,000

     After 15 years of ownership, owners say it's time to sell.  14 units motel 3 bedroom managers home with private courtyard. The motel has been desgined with excellent unit configuration,  8 Studio, 5 One Bedroom & 1 two bedroom units. 11 units with Air Conditioning, New 30 year lease realistic rental, swimming pool for those hot Hawkes Bay days. The Vendors have placed the business on the market at a realistic price, great opportunity to enter the tourist trade.  Like to buy a Feehold Going Concern the vendor will sell.

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  • Palmerston North Pavilion

    Potential with this motel lease located on a main thoroughfare into Palmerston North handy to Sports grounds, N.Z. Defence Force, Massey University.

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  • Fergussons Motor Lodge

    Looking for a business easy to manage this is it Fergussons Motor Lodge

    A motel complex of 12 ground level units 3 Bedroom home internal assess lock up garage. Established client base great location handy to the CBD, on bypass road, easy for guests to find.

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  • Acacia Court Palm North

    Vendor has placed the property on the market to retire:

    Live at home run your own business 6 ground level units detached 2 Bedroom home, established clent base easly managed by one person while your spouse works off site. All chattels owned 4 channells SKY, plenty of potential with this complex. The complex may lend to an alternative use.

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  • Palmerston North Bella Vista

    New to the market 18 units + Conference Venue 3 bedroom home ideal for a family handy to schools & secondary schools in Palmerston North. Located on a main thoroughfare into the city. Member of Bella Vista Accommodation Nationwide network.

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  • Mount View

    New to the market

    ill health forces vendor to sell. 17 units plus spacious3 bedroom home. Commercial sized kitchen, separate laundry all ground level easy to manage. Vendors have invested heavily into their business, your oportunity to capitalize on there work and expenditure. Buyers looking for a motel business ready to be lifted to the next level this is the motel for you.

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  • Braemar Palmerston North

    You will be proud to own this motel leasehold Braemar Motor Lodge Palmerston North: 20 units conprising 13 Studio, 6 One Bedroom, 1 Two Bedroom units 4 Bedroom home Private courtyard off the living rooms internal access garage. 27 years on the lease, next rent review 2021. read more:

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  • Bassingers Levin

    You will be proud to own this Leasehold Interest  BASSINGERS MOTOR LODGE just buy and manage the business. Comprising of 12 Units, 6 Studio, 5 One Bedroom + 1 Two bedroom Units 3 Bedroom Home Private court-yard Lockup garage attched to the house. Separate motel kitchen & laundry, new 30 Year lease, Strong forward bookings.

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  • 8 Units Levin

    Owners change their thinking will sell 8 units with other options for the buyer, great location in the CBD of Levin. 8 units comprises of 5 Studio, 3 One bedroom + owners accommodation 

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  • Petone Foreshore

    Looking for a busy motel this is it: 15 units 3 Bedroom home all ground level. No Vacancy sign is often up at this motel which trades well above the average. Excellent configuration of Studio & One Bedroom units. Showing a high Return On Capital Invested.

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Types of Investment

Investment

Investment

Motels offer an excellent commercial investment. A Investment property is one in which the land and buildings are leased to another party and income generated from the motel lease. There is no operational involvement in the motel

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Freehold

Freehold

A freehold going concern can be a versatile option, offering much potential for future expansion. A Freehold property is one in which the motel land and buildings are sold along with the business as a going concern, the business goodwill and motel chattels.

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Leasehold

Leasehold

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.

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Recent Sales Success

Our Recent Sales

Here are some of our latest sales that we have achieved. Please click on the links to view.

Malcolm McCrae 
is the principal of McCrae Real Estate Limited, MREINZ, REAA Licensed Agent

Malcolm (AREINZ) is a Licensed Agent REAA and has over 33 years experience selling real estate, the last 15 years specialising in the motel industry. Allied Member of the Motel Association of New Zealand and Approved Consultant to the Motel Association of New Zealand.