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Legends Motel

A Freehold Listing

At 114 Fitzherbert Avenue

"Motel Freehold Going Concern- Frequently asked for - Hard to Find"

Price By Negotiation.

Plus GST if any

Motel consisting of 12 motel units Comfortable 3 Bedroom managers home - six units ground level six units first floor eleven units with spa baths always popular with guests. Immaculate presentation throughout, potential to increase turnover. 

Strong corporate trade, travelling public, guests attending sporting fixtures, plus attendees to the many conferences held in Palmerston North. There is a constant shortage of high quality accommodation in Palmerston North.

This is an opportunity to purchase a freehold 12 Unit Motel on Fitzherbert Avenue Palmerston North within a short walk to the city centra. Guests love the proximity to shops and restaurants. Invest in Land and Improvements plus a profitable business, no worries about rent reviews. All chattels owned and NO emergency accommodation guests. It is currently managed by one person showing an impressive return on investment.

Selling by "By Negotiation". Arrange a time to view, we can discuss price with the owner.

To receive a marketing package contact Specialist Motel Broker Malcolm McCrae mob 0274 462 987 email This email address is being protected from spambots. You need JavaScript enabled to view it.

Details

  1. Units: 12
  2. Region: Manawatu
  3. Listing ID: m853

Features

Location

114 Fitzherbert Avenue

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.

Disclaimer

The property information for 114 Fitzherbert Avenue has been prepared from information supplied by the owners. Every precaution has been taken to establish the accuracy of the material. No responsibility or liability is accepted by McCrae Real Estate Ltd (Licensed Agent REAA 2008) its principal, agents or employees. Prospective purchasers should make their own enquires and satisfy themselves as to all aspects of this material.