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Kings Court

A Leasehold Listing

At 60 Plymouth Street

"Always admired from the street now "For Sale""

$820,000

Plus GST if any
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Opportunity to buy a 4 star accommodation 12 unit motel consisting 8 Studio units plus 4x1 Bedroom units, complete with Two bedroom managers accommodation. Kings Court enjoys a high occupancy from a strong client base, loyal corporate guest's plus travelling public.

Immaculate presentation throughout. Realistic rental, reviewed three yearly and next rent review October 2025. The long term lease expires 2050. Quality chattels have been fitted, Super king size & queen size beds with kitchens facilities in all units. 

The complex is designed for easy management all units ground level. Guests park their vehicles front door of each unit and love staying at this motel as the complex is within walking distance of a good selection of dining options, shops, & supermarkets. plus local attractions. Buyers looking for a high quality motel business must arrange a convenient time to view this complex, you will not be disappointed. 

For further information on this exciting business plus a marketing package contact Specialist Motel Broker Malcolm McCrae Licensed Agent EAA 2008

Vendor have requested prospective buyer sign a confidential agreement

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Details

  1. Units: 12
  2. Region: Whanganui
  3. Listing ID: m856

Features

Photos

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 for 60 Plymouth Street 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.