Oak Estate Lodge (Investment)
Oak Estate Lodge (Investment)
New to the market motel investment

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.

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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.