New 30 Year Lease
Rent fixed for the first 4 years. You will be proud to own this Leasehold Interest BASSINGERS MOTOR LODGE. Comprising of 12 Units, 6 Studio, 5 One Bedroom + 1 Two bedroom Units. 3 Bedroom Home with private court-yard with lockup garage attached to the house. Separate motel kitchen & laundry. New 30 Year lease, strong forward bookings. Immaculate presentation guests keep returning to enjoy comfortable accommodation. The buyer will enjoy fixed rental for the first 4 years.
Guests love returning to this motel always very well presented all the amemites they like 5 Units with Air Conditioning units, 6 Units with spa baths, 6 units full cooking facilities, 6 unts with kitchenetts. Easy for guests to find on State Highway One with secure guests vehicle parking. This motel enjoys an occupancy rate exceeding 74% all chattels are owned. The future of this business looks assured with the completion of all the road works in the district, offering a direct route to Wellington. only 1hr 15 mins drive.
This is an easy motel to manage 9 units ground level. contact Specialist Motel Broker Malcolm McCrae Bassingers Motor Lodge has a strong client base. Rental fixed for the first 4 years of a 30 year lease. Don't hesitate to arrange a time to inspect is attractive motel.