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 

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.

Rose City

Strong Street Appeal

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.

Come to the Castle

When you view this motel you will love it,
Location : Manawatu

Sold by McCrae

After 10 years of ownership, the owner wishes to sell their business. They have maintained the property to a very high standard of presentation with 20 units comprising 9 Studio, 7 One Bedroom and 4 Two bedroom units + Conference Venue is in constant demand from Govt Departments. Inlcudes a 4 Bedroom family home with living rooms at ground level. Separate motel kitchen & Laundry. All chattels owned. 25 years on the Lease. High Speed Internet, Sky T.V.

New Plymouth Investment

New Plymouth Investment

Looking for an Investment ,
Location : Taranaki

Not many Motel investments come on the market. Looking don't hesitate require today

The Park

Motel Business 18 Units,
Location : Taranaki

Immaculately presented modern 18 unit motel business. 4 Bedroom home internal access garage.This is an easy to manage complex all units at ground level. Units consist of 12 Studio, 4 One bedroom & 2 Two bedroom units, 7 units with spa baths, Quality chattels fitted throughout. Just buy and count the cash.

Acacia Court Palm North

Home + Business,
Location : Manawatu

Sold by McCrae

Vendor has placed the property on the market to retire:

Live at home run your own business 6 ground level units detached 2 Bedroom home, established clent base easly managed by one person while your spouse works off site. All chattels owned 4 channells SKY, plenty of potential with this complex. The complex may lend to an alternative use.

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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