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                                   

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.

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

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%.

Please view our current listings here



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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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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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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