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 

Antonio Mews

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.

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.

Kiwi Court Hawera

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. 

Motel Te Kuiti

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%.

Napier Fern

Completely Refurbished

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

Oak Estate Lodge

When you see it you will love this complex,
Location : Wairarapa


"The Vendors offer 35 year new lease, cheap rental": Thats for starters 13 units consisting Studio, 1 & 2 Bedrooms, 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.


Please view our current listings here



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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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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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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