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 

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.

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.

Marton Motel

Immaculate Presentation,
Location : Rangitkiei

 Motel to enter the motel Industry or an extra income Great opportunity for buyers living in the Rangitikei District  6 motel units no deferred maintenance. Comfortable 2 bedroom home open plan living room opening onto a private courtyard. Marton Motel enjoys a constant demand for accommodation.

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

Panorama

Lease expiring must be sold HAS SOLD ,
Location : Horowhenua

  SOLD

Don't lease own it: 9 Unit motel "For Sale" as Going Concern Landlord may sell a Lease.

  1. Located in Levin on State Highway One Vendor must sell as the existing lease is about to expire.
  2. All units ground level fully fenced swimming pool with BBQ
  3. Ideal for buyers who can see an opportunity

Kapiti Coast

No Deferred Maintenance Here,
Location : Kapiti Coast

New to the market - Great location on Kapiti Coast 12 Units  7 Studio, 4 One Bedroom, 1 Two Bedroom 3 Bedroom Home living rooms open onto a private courtyard. With large redevelopment work under construction or proposed within the area the future of this motel business is assured. Vendor has kept the maintenance of the motel complex up to a very high standard. 

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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