Freehold Going Concern Motel buy the going concern and sell the business on retain the Land & Buildings as a passive investment. The motel consists of 12 motel units plus adjoining land to extend the complex by added extra motel units. Units comprise of 8 Studio, 2 One Bedroom 2 Two Bedroom  complete with 3 Bedroom managers residence. The complex has been completely refurbished throughout. No Govt housing guests here, only corporate trade, travelling public and long haul drivers. 

12 Unit motel complex consisting  of Studio, 1 & 2 Bedroom units & 2 access units, comfortable 3 Bedroom mangers residence. Established business with an experienced Lessee in place managing the business.  Rent reviews 2 yearly, Leased till 2033.

Passive Freehold Motel Investment consisting of 13 Units plus adjoining 1,105 sqm section self contained rented house. Located within 3 minutes walk of central Feilding.   Asking price $2,800,000,  motel & house are on separate land titles.

Vendor must sell and move on

The timing is right to purchase a modern motel with 18 luxurious suites Occupancy rate constantly runs at 66-70%, income increased 20% from last financial year. Established client base.

Owner changes price, keen to sell. Immaculately presented modern 18 unit motel business. Complete with a 4 Bedroom home with internal access garage.  This is an easy to manage complex, all units at ground level. Units consist of 12 Studio, 4 One bedroom & 2 Two bedroom units. 7 units with spa baths. Quality chattels fitted throughout. Just buy and count the cash.

This modern large sized motel has just completed the best financial year ever to 31st March 2023. The demand is constant for accommodation with an occupancy rate exceeding 70%. Exterior of the building has been repainted during the year. There is no deferred maintenance with this motel complex. A buyer can buy in confidence.

Celtic Motel is a sound investment. Why?

• Turnover up 56%,
• Occupancy increased 25.4% on last financial years figures.
• Income per unit is exceeding $41,000 ex GST.
• Strong forward bookings.
• Attractive net Profit here

Great motel business with strong demand for accommodation gives increased income. If you are looking for motel business with a strong cash flow Viking Lodge is the one.. Vendor selling after completing a complete refurbishment.. Constant demand for accommodation from corporate trade & tradesman working on the area.