• 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.

  • Often Admired
  • Braemar Palmerston North
  • Central Hawera
  • Come to the Castle
  • Tuki Tuki Motel
  • Wellington Location
  • Champers Lower Hutt
  • Palmerston North B K's
  • Acacia Court Palm North
  • Bassingers Levin
  • Often Admired

    Motor Lodge for sale located on a main thoroughfare into Palmerston North. Ideal family business handy to Primary, Intermediate, Secondary Schools.  14 Ground level units, configuration of Studio, 1 & 2 Bedroom units, 3 Bedroom comfortable family home, private courtyard off living rooms. For buyers looking for a motel with potential, this is the motel business for you.

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  • Braemar Palmerston North

    Sold By McCrae

    Vendors are serious about selling reduce the price by $100,000

    You will be proud to own this motel leasehold of Braemar Motor Lodge in Palmerston North:  20 units conprising 13 Studio, 6 One Bedroom, 1 Two Bedroom units and a 4 Bedroom home Private with courtyard off the living rooms + internal access garage. 27 years on the lease, next rent review 2021. Buying this business will assist the vendors to shift to the South Island.

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  • Central Hawera

    Ill health forces Vendors to reconsider the asking price. Asking Price reduced to $550,000 +(gst if any)

    Return On Investment 22%. No Vacancy sign is often on show here. 18 units comprising of 14 Studio, 4 One Bedrooms. Air conditioning fitted in all units, several with spa baths. Quality chattels fitted throughout. Qualmark Rated 4 star plus. The motel is established, income per unit in excess of $30,000, immaculate presentation.  

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  • Come to the Castle

    20 Units of Executive Accommodation in Central City

    After 10 years of ownership, the owner wishes to sell their business. They have maintained the property to a very high standard of presentation with 20 units comprising 9 Studio, 7 One Bedroom and 4 Two bedroom units + Conference Venue is in constant demand from Govt Departments. Inlcudes a 4 Bedroom family home with living rooms at ground level. Separate motel kitchen & Laundry. All chattels owned. 25 years on the Lease. High Speed Internet, Sky T.V.

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  • 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

     

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  • Wellington Location

    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.

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  • Champers Lower Hutt

    24 Units Motel Complex providing excellent configuration of Studio, Executive studio, One bedroom units & two bedroom apartments, commercial kitchen licenced restaurant & bar. Restaurant meals generally for guests with potential to open to the public. Strong coporate cliential just love staying and dining at the some motel. Wellington region has a shortage of accommodation this is an opportunity to enter the hospitality trade.

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  • Palmerston North B K's

    Buyers will love this complex, immaculate presentation throughout. New 25 year lease, income exceeding $20,000 ex GST per unit All units provide all the comforts of home 3 Bedroom managers accommodation with attached lockup garage. Complex opened 2009 first time the leasehold has been "For Sale" Don't hesitate this is a great opportunity to buy one of Palmerston Norths better motels. Suitable to buy and keep the existing mangers employed they would love to stay.

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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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  • Bassingers Levin

    Rent fixed for the first 4 years. You will be proud to own this Leasehold Interest  BASSINGERS MOTOR LODGE. Comprising of 12 Units, 6 Studio, 5 One Bedroom + 1 Two bedroom Units. 3 Bedroom Home with private court-yard with lockup garage attached to the house. Separate motel kitchen & laundry. New 30 Year lease, strong forward bookings.  Immaculate presentation guests keep returning to enjoy comfortable accommodation. The buyer will enjoy fixed rental for the first 4 years. 

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Types of Investment

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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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.