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Discovery Motor Lodge

A Leasehold Listing

At 210 Chapel Street Masterton

"A Motel Business we recommend"

$1,100,000

Plus GST if any
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Buyers looking for a modern profitable motel leasehold must take the time to view this complex. Shows an excellent net profit.  Located in the CBD of Masterton. Consisting of 17 motel units + Conference Venue, 3 Bedroom comfortable family home, with private courtyard. Excellent configuration of motel units. 

Guests love staying here, being handy to restaurants and shopping. Strong corporate trade and sound forward bookings. 27 years on the lease.17 Units with a excellent configuration of Studio, 1 & 2 Bedroom units, Conference Venue capacity for 25 people.

Attractive swimming pool for those hot Wairarapa days, all units with heat pumps, cooking facilities several units with spa's, Queen & King size beds. Attractive interior decor throughout. First time on the market for 14 years of ownership.

For a marketing package contact Specialist Motel Broker Malcolm McCrae Mob 0274 462 987 Licensed Real Estate Agent 

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Details

  1. Units: 17 units + Conference Venue
  2. Region: Wairarapa
  3. Listing ID: m855

Features

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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 210 Chapel Street Masterton 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.