Hawkes Bay Cumberland
Cumberland Motel Leasehold for Sale
The Leasehold has strong forward bookings immaculate presentation the future looks bright

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

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  • Malcolm McCrae

    Malcolm McCrae

    Malcolm McCrae is the principal of McCrae Real Estate Limited, MREINZ,  REAA Licensed Agent

    Malcolm (AREINZ) is a Licensed Agent REAA and has over 33 years experience selling real estate, the last 15 years specialising in the motel industry. Allied Member of the Motel Association of New Zealand and Approved Consultant of Hospitality New Zealand.

Disclaimer

The property information has been prepared from information supplied by the owners. Every precaution has been taken to establish the accuracy of the material. No responsibility or liability is accepted by McCrae Real Estate Ltd (Licensed Agent REAA 2008) its principal, agents or employees. Prospective purchasers should make their own enquires and satisfy themselves as to all aspects of this material.