Recently Sold

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 

Oak Estate Lodge (Leasehold)

"The Vendors offer 35 year new lease, cheap rental": Thats for starters. 13 units consisting Studio, 1 & 2 Bedrooms and Conference venue designed to accommodate guests. 3 bedroom home separate office, living room opens onto northerly facing fully fenced lawn. This is a great opportunity to own a business within easy distance from Wellington, Masterton & Martinborough. Live and work in the Historic village of Greytown where the Victorian architecture still lines the main street.

Oak Estate Lodge (Investment)

Vendor has place the freehold investment on the market to shift to a larger motel complex in the South Island. Oak Estate Motor Lodge consists of 12 units + Conference Venue designed to be utilised as an extra motel unit. Vacant parcel of land to extend the motel complex. Modern designed with strong street appeal

Bridge Motor Lodge

Bridge Motor Lodge & Caravan Park: just south of Bulls where 15,000 vehicles passing the front gate every day. Provides accommodation  12 motel units consisting 4 Studio, 4 One & Two Bedroom units, 12 Powered caravan parks, 3 Back-packer Cabins, & Tent sites. Fully equipped camp kitchen & Lounge for campers. Price reduced $100,000                                   

8 Units Levin

Here is an opportunity

Owners change their thinking and will sell 8 units with other options for the buyer. Great location in the CBD of Levin. 8 units comprises of 5 Studio, 3 One bedroom + owners accommodation 

Rose City

Strong Street Appeal

New to the Market

Looking for a larger motel 26 units plus 4 bedroom home centre of Palmerston North this business is for you. Comprising Squash Court, 7 Studio, 6 One Bedroon, 4 Two Bedroom Plus 9 Executive units. Units have either Double Spas or separate show box showers. Interior of the units have been newly renovated, 32" Flat Screen TV, Sky 50 + channel decoder installed, well equipped kitchens, Quality bedding, offers all the confort of home.

Brougham Heights

Looking for a larger motel this is it.,
Location : Taranaki

 

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.

Please view our current listings here

Leasehold

Leasehold

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.

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Investment

Investment

Motels offer an excellent commercial investment. A Investment property is one in which the land and buildings are leased to another party and income generated from the motel lease. There is no operational involvement in the motel

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Freehold

Freehold

A freehold going concern can be a versatile option, offering much potential for future expansion. A Freehold property is one in which the motel land and buildings are sold along with the business as a going concern, the business goodwill and motel chattels.

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