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
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:
New to the Market
Looking for a larger motel 26 units plus 4 bedroom home centre of Palmerston North this business is for you. Comprising Squash Court, 7 Studio, 6 One Bedroon, 4 Two Bedroom Plus 9 Executive units. Units have either Double Spas or separate show box showers. Interior of the units have been newly renovated, 32" Flat Screen TV, Sky 50 + channel decoder installed, well equipped kitchens, Quality bedding, offers all the confort of home.
During the short time of ownership the vendors have made some attractive changes to this 13 unit motel the design of the complex caters for small or larger groups, Studio, One & Two Bedroom Units, Separate motel Kitchen & Laundry, 3 Bedroom home suitable for a family internal access garage. 35 year lease, Rental fixed for 2 years.
An opportunity to buy a profitable motel business in Central Hawkes Bay:
Great buying at this price $415,000 (+GST if any)
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 25 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.
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.
Potential with this motel lease located on a main thoroughfare into Palmerston North handy to Sports grounds, N.Z. Defence Force, Massey University.
New to the market immaculately presented 16 unit motel 8 Studio, 8 One Bedroom complex located central city New Plymouth. Turnover on the increase, 22 years on the lease, Realistic rental, next rent review September 2019, separate laundry, plenty of storage, plus work station. Owner has just completed repainting exterior plus the interior of the mangers home.
With the Growth of Hutt Valley Don't hesitate enquire today:
No Deferred Maintenance here:
Hutt Valley: Immaculately presented 15 unit motel complex with 3 bedroom home. Excellent unit configuration4 Stidio, 7 One Bedroom + 4 Bedroom. Designed for small or Larger groups,plenty of on site parking for guests vehicles. Complex has been completely refurbished during last 2 years. New 25 year lease, realistic rental,provides all comforts of home,enjoys a high occupancy.
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.
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.