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Motel Te Kuiti
Motel Te Kuiti
SOLD

Units :

12

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%.

Situated in Te Kuiti where tourist holidaying guests stay to explore Waitomo Caves drive to Mount Ruapehu skifields. The area offers plenty of attractions for tourism & outdoor walkways + cycle trails not to over look the steady corporate guest trade. For buyers looking for an established easy to manage motel must inspect this motel complex new to the marke.

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Leasehold

Leasehold

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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Freehold

Freehold

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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Investment

Investment

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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