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Feilding Motel Investment

A Investment Listing

At 1 Fergusson Street Feilding New Zealand

"Two for the price of one"

$2,800,000

Plus GST if any
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Passive Freehold Motel Investment consisting of 13 Units plus adjoining 1,105 sqm section self contained rented house. Located within 3 minutes walk of central Feilding.   Asking price $2,800,000,  motel & house are on separate land titles.

Here is a great opportunity to purchase a freehold motel investment rental $130,000 + GST, rent is fixed at a sustainable figure, reviewable January 2025 plus adjoining house property returning $500 per week. Annual return $156,000 + GST. Feilding enjoys a constant demand for accommodation from guests attending Manfeild racetrack, Central District Field-days, Corporate trade. serving the farming industry and Feilding town.  For further information contact Specialist Motel Broker Malcolm McCrae

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Details

  1. Units: 13 Units Plus 3 Bedroom rented House
  2. Region: Manawatu
  3. Listing ID: m847

Features

  1. great location
  2. immaculate presentation
  3. modern complex
  4. strong forward bookings

Photos

Location

1 Fergusson Street Feilding New Zealand

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: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone : +64 6 3577743
Mobile : +64 274 462 987

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Disclaimer

The property information 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.