Viking Lodge Motel
Freehold Going Concern / Leasehold
This is a Opportunity Freehold Going Concern or Leasehold $420,000 + (gst if any) 13 ground level units 3 Bedroom home. Vendors completely refurbished throughout. Located in the CBD of Dannevrike State Highway 2. Viking Lodge Motell is a consistent income earner enjoys a high occupancy. 2019 income exceeding $24,000 ex gst per unit. With the future looking very sound with large public works about to commence. New 25 year lease.
Viking Lodge offers the opportunity to own your own motel no rent just pay the mortgage. 1,820 sq.m of freehold land plus on site three main buildings. The buildings comprise, 3 Bedroom owners accommodation totally refurbished, large block of 10 units with a 2nd block of 3 units on the eastern boundary also refurbished. Small recreational shed for outdoor BBQ's for guests get togethers. Vendors have placed Viking Lodge Motel on the market as they wish to retire. Dannevirke is centrally located situated 45 minutes drive from Palmerston North, 1.5 hours drive to Napier, 2 hours drive to Masterton 3 hours drive to Wellington. Buyers looking to own their own motel do not hesitate this is the opportunity you have been looking for.Leasehold or Going CRN For further infoformation contact Specialist Motel Broker Malcolm McCrae 06 357 7743 mob 0274 462 987