Oak Estate Lodge (Leasehold)
Oak Estate Lodge (Leasehold)
Look at this attractive 35 year new lease,

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.

This motel complex is a cracker, easily managed all accommdation ground level including the 3 Bedroom home interial access garage. Several units with spa baths, secure parking for guests vehicles. Some linen hired and cleaned by a laundry company and all chattels owned. Greytown attracts guests who visit the village to spend time out of Wellington and they need accommodation. This is an opportunity to enter the hospitality industry.  Vendors are keen sellers, they offer a new 35 year lease to move onto a bigger venture.

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great location Greytown immaculate presentation modern complex spa baths strong forward bookings

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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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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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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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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.