Best in Town
Sold By McCrae Real Estate
Located on one of the main entrances into Palmerston North providing superior accommodation to the corporate trade plus the general travelling public.
Motel configuration of 16 Studio, 4 One bedroom units, one unit with inter-connecting internal door offering accommodation for large groups. Spacious managers residence. Excellent chattels throughout have recently been upgraded. Easy access car parking to the door of the ground level units.. Realistic rental next rent review 2024 Lease expire 2052. For buyers looking for a upmarket motel business must inspect Fitzherbert Regency Motor Lodge.
The complex is within easy distance from Central City, Massey University, Linton Military Camp, plus sports grounds all drawing guests to stay in the comfort of Fitzherbert Regency Motor Lodge. Palmerston North is a go ahead city with large developments currently under construction or proposed developments for the city or the Manawatu District. Just buy and manage the business and count the cash. Prospective buyers of this attractive motel business need to sign a "Confidential Agreement" to receive further information from Specialist Motel Broker Malcolm McCrae mob 0274 462 987 or email
Details
-
Units: 20
-
Region: Manawatu
-
Listing ID: m843
Location
250 Fitzherbert Avenue Palmerston North
Agent
Malcolm McCrae
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 of Hospitality New Zealand.
Email:
Phone : +64 6 3577743
Mobile : +64 274 462 987