Recently Sold

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.

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

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.

New to the market immaculately presented 16 unit motel 8 Studio, 8 One Bedroom complex located central city New Plymouth. Turnover on the increase, 22 years on the lease, Realistic rental, next rent review September 2019, separate laundry, plenty of storage, plus work station. Owner has just completed repainting exterior plus the interior of the managers home.

Sold By McCrae

Vendors are serious about selling reduce the price by $100,000

You will be proud to own this motel leasehold of Braemar Motor Lodge in Palmerston North:  20 units conprising 13 Studio, 6 One Bedroom, 1 Two Bedroom units and a 4 Bedroom home Private with courtyard off the living rooms + internal access garage. 27 years on the lease, next rent review 2021. Buying this business will assist the vendors to shift to the South Island.

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