COVID-19 Has not effected this motel business no reliance on International guests, Existing income higher than last year.
Easy to manage: 17 units plus spacious3 bedroom home. Commercial sized kitchen, separate laundry all ground level. Currently managed by a couple wishing to retire, an opportunity for a family business or could be managed by a spouce while the Husband/Partner works off site. The vendors have invested heavily into their business, you can capitalize on their work and expenditure..With a high occupancy rate just buy and create a strong cash flow with this motel business..
While NZ was in Lockdown owners refurbished their motel interior and exterior. 16 Ground level units, 11 Studio , 5 One Bedroom units, two units with inter connecting internal doors ideal for large groups, comfortable three bedroom home internal access garage, New 25 or year lease, realistic rental, Landlord done all the work just buy and run the business. Can be purchased with a 30 year lease price $450,000 + gst if any
Motel to enter the motel Industry or an extra income Great opportunity for buyers living in the Rangitikei District 6 motel units no deferred maintenance. Comfortable 2 bedroom home open plan living room opening onto a private courtyard. Marton Motel enjoys a constant demand for accommodation.
Modern Contemporay Complex
After 18 years of ownership Vendor say's it's time to move on.. 16 Spacious suites, 8 Studios,+ 6 One Bedroom, 2 Two Bedroom apartments all suites with Air Conditioning, furnished to a very high standard, + Small meeting room, 3 Bedroom family home with 2 Bathrooms. Strong corporate business has returned since "Lockdown" they love the environment this property provides.
New to the market don't hesitate enquire today. 12 Unit Motel 6 Studio, 6 One Bedroom located near public hospital on a main thoroughfare into Whanganui. Easy to managed first class presentation thoughout, all chattels owned & near new.."Lockdown" has not held this motel business back operating with an occupancy of 80%. Only corporate and travelling guests accepted..
This motel complex ticks all the buying boxes:
New to the market - Great location on Kapiti Coast 12 Units 7 Studio, 4 One Bedroom, 1 Two Bedroom 3 Bedroom Home living rooms open onto a private courtyard. With large redevelopment work under construction or proposed within the area the future of this motel business is assured. Vendor has kept the maintenance of the motel complex up to a very high standard.
This is a Opportunity Freehold Going Concern or Leasehold $420,000 + (gst if any) 13 ground level units 3 Bedroom home. Vendors completely refurbished throughout. Located in the CBD of Dannevrike State Highway 2. Viking Lodge Motell is a consistent income earner enjoys a high occupancy. 2019 income exceeding $24,000 ex gst per unit. With the future looking very sound with large public works about to commence. New 25 year lease.
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.