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  • 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.

  • Fitzherbert
  • The Dawson
  • Motel Te Kuiti
  • Viking Lodge
  • Shadzz Motel & Conference Centre

  • Fitzherbert

     Modern 20 Units Leasehold for sale   Vendor has placed his motel business for sale offers a 28 year lease expiring 2049                                                                                                                                              Situated on a main entrance into Palmerston North. 20 Unit consists of 16 Sudios, 2 One Bedrooms. 2 two Bedroom Mezzanine floor units. 3 Bedrom managers apartment.This motel enjoys a high occupancy from an established client base from corprate trade, tradesmen working in the district plus the general travelling public.Palmerston North has some large developments under construction which helps to draw guests to this motel. 

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  • The Dawson

    Buyer's in this price range will be impressed

    Guests enjoy stylish accommodation in the 23 Units comprising 19 Studio, 2 One Bedroom & 2 Two Bedroom Units.3 Bedroom managers house living rooms ground level. The business has been established around a strong corporate trade and the general travelling public.(no emergency housing) Plus many other features that have been incorporated into the design of the motel..With the established client base the future of this motel business looks very sound. Don't miss this opportunity arrange a time to view.

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  • Motel Te Kuiti

    Vendor reduces price to sell, Don't hesitate enquire today:

    Immaculate Presentation just buy and manage this motel complex. 12 Ground level units consists of 6 Studio, 6 One Bedroom units 3 Bedroon home internal access garage.Enjoys a constant demand for accommodation from corporate trade and tradies..

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  • Viking Lodge

    Vendor reluctantly must sell after completing a complete refurbishment, Motel consists of 13 Units 11 Studio, 2 One Bedroom units 3 bedroom home, This is an opportunity for the purchaser to take this complex to the next level. Great location on State Highway 2. New 25 year lease.

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  • Shadzz Motel & Conference Centre

    Shadzz Motel 14 motel units + Conference Venue located central city of Palmerston North.  8 Studio, 4 One bedroom & 2 two bedroom units, conference venue with separate entrance. The complex has all the comforts of home. .Offering long term lease 22 year to run,all chattels owned, 12 units with spas. plenty of parking for vehicles. Immaculatly presented throughout

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Types of Investment

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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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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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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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.