Oak Estate Lodge (Investment)
Vendor has place the freehold investment on the market to shift to a larger motel complex in the South Island. Oak Estate Motor Lodge consists of 12 units + Conference Venue designed to be utilised as an extra motel unit. Vacant parcel of land to extend the motel complex. Modern designed with strong street appeal
This is a passive investment with a tenent in place, 35 year lease, income $105,000 + GST, Rent reviews 2 yearly. 4,724 sqm Fee Simple parcel of land Great location on the main thoroughfare into Greytown. This is an ideal purchase for a Trust or investment at a better rate than a Bank.