You will love the setting of this motel, established grounds with units over looking a park. 16 units consisting of Studio, One & Two bedroom units plus conference venue, comfortable three bedroom home large living rooms ideal for a family. Separate motel kitchen & laundry linen cleaned on site.
Located on the Motel Strip of Palmerston North 20 unit motel, lease expires 2044, 3 Bedroom apartment owners accommodation. The motel provides superior standard, guests accommodation all units with heat pumps, tiled bathrooms. swipe card entrance to each unit. Separate motel kitchen & laundry + guest laundry. Vendor currently repainting the interior of the units.
Ill health forces Vendors to reconsider the asking price. Asking Price reduced to $575,000 +(gst if any)
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. Vendors say find a buyer we are serious about selling, it's time to move on.
11 units + 3 Bedroom home recently repainted throughout. The motel complex comprises of 9 Studio, One bedroom unit & a four bedroom unit, swimming and spa pools. Offering accommodation for small or larger groups including families complete with a safe childs play ground. All chattels owned.
This is an opportunity to buy a high class motel in the heart of the Wairarapa
Modern 8 year old motel complex 18 units studio, 1&2 Bed room units with T.V's in Bedrooms all ground level, 4 Bedroom family home complete with private court yard, lock-up garage. The complex has all the comforts of home 7 units with spa baths.
"Business only" New to the market
14 Units+Conference Venue 3 Bedroom home with office lock up garage with small workshop. Excellent configuration of units 8 Studio, 4 One bedroom, 2 Two bedroom units + Conference Venue with private entrance. Vendors have owned the leasehold for 8 years during the time of ownership the business has proved to be a constant earner.
With two options to buy this is an opportunity to Own Your Own Motel. Situated on State Highway One & York Street look for the Benton's sign. Benton's Motel Levin on two separate land titles, motel complex on one title consisting of modern 9 motel units, a small restaurant open from 6pm-9pm 4 nights per week easily managed and can be hired out for special functions.
Potential with this motel lease located on a main thoroughfare into Palmerston North handy to Sports grounds, N.Z. Defence Force, Massey University.
Luxury 5 star Motor Lodge 28 Units plus meeting room, double spa's separate shower quality imported chattels fitted throughout large 5/6 bedroom managers residence. New 25 year lease, If it's quality you are looking for Aotea you must inspect, it's the only motel of this standard in the city. Buying an established larger motel complex offering a higher return on capital invested increases the lessee's cash flow. Now is the time to buy.
New to the Market owner leaving town
For buyer looking for potential must inspect this complex: 19 units consisting 14 Studio, 4 One Bedroom, 1Two Bedroom 3 Bedroom family home, Private courtyard off living room, complete with lockup garage, double glazing facing the street.
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.