View our Leasehold properties
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.
Owner changes price, keen to sell. Immaculately presented modern 18 unit motel business. Complete with a 4 Bedroom home with internal access garage. This is an easy to manage complex, all units at ground level. Units consist of 12 Studio, 4 One bedroom & 2 Two bedroom units. 7 units with spa baths. Quality chattels fitted throughout. Just buy and count the cash.
This modern large sized motel has just completed the best financial year ever to 31st March 2023. The demand is constant for accommodation with an occupancy rate exceeding 70%. Exterior of the building has been repainted during the year. There is no deferred maintenance with this motel complex. A buyer can buy in confidence.
Great motel business with strong demand for accommodation gives increased income. If you are looking for motel business with a strong cash flow Viking Lodge is the one.. Vendor selling after completing a complete refurbishment.. Constant demand for accommodation from corporate trade & tradesman working on the area.