Hawkes Bay Cumberland
Great Location, the motel is easily found by guests
Near Hawkes Bay public hospital The income has increased by $35,000 for the first 8 mths of this financial year. Now is the time to buy. Cumberland Court is centrally situated in Stortford Lodge in the heart of Hastings.
Handy to public hospital, industry and the business area. 20 motel units comprising of Studio, One & Two Bedroom units 3 bedroom managers home with internal access garage. Rental has been fixed for the next two years. The units would be the largest sq area units in a motel complex currently on the market. Come and have a look for yourself to appreciate the size of each unit. This is a high quality complex throughout, worthy of serious consideration.
All suites have spa pools or baths, super king size beds, fully equipped kitchenettes, wireless broadband. Guests have FREE access to the adjacent gym & lap swimming pool. Cumberland Court is ideal for a couple to manage and accumulate capital. Guests keep returning to Cumberland Court as it's easy distance to the whole of Hawke's Bay for business or pleasure. This is a top business no deferred maintenance, long term lease, great location, easy for guests to find, 2015 financial returns above average show 22.5% return on capital invested.
Hawke's Bay has plenty of attractions and events to attract guests to this complex. The Leasehold has strong forward bookings immaculate presentation the future looks bright. What more would a buyer wish for now is the time to arrange an inspection. Buy now and become the owner work and enjoy the Hawke's Bay summer days.
Vendor says find a buyer they are serious about selling Don't delay contact Malcolm McCrae