These properties were recently sold by McCrae Real Estate and are here for reference purposes only, they are not for sale. If you'd like to see other properties, please view our For Sale listings. Otherwise contact Malcolm McCrae
Freehold Going Concern
Buyers looking to own their own motel "STOP" and look here the Vendors are serious about selling.
A large development is about to commence construction near Stratford which will create a demand for accommodation in Stratford. With bank mortgage rates the lowest for 50 years, now must be the time to buy.
Looking for a larger motel this is it.,
SOLD BY McCrae
Located in the heart of New Plymouth CBD. 34 units excellent configuration of Studio, One & Two Bedroom units Plus Conference Venue. 3 Bedroom family home including sunny private court yard. Quality fixture and fittings throughout, Large items of lineen cleaned by laundry company. Looking for a larger motel this is it.
New 30 Year Lease
12 Spacious units with configuration of 5 Studios, 5 One Bedroom, 2 Two Bedrooms 3 Bedroom family home. This motel ticks all the right boxes offers established client base, new 30 year lease, realistic rental, high standard of presentation throughout, SKY SELECT 50+ channels, several units with spa bath. easy to keep grounds. Realistic asking price offers a great opportunity to enter the hospitality trade.
Established Client Base
Main Highway location plus town centre handy to shops, restaurants & cafes. 12 motel units consisting of 6 Studio, 6 One Bedroom plus 3 Bedroom owners home all ground level. Realistic rental plus long term lease. Showing a ROI of 22%.
18 Refurbished motel units + 3 Bedroom home complete with private court-yard, Large swimming pool + fully fenced children's play ground. All this with a new 30 year lease realistic rental. Located on the sunny east coast Napier