Panorama
Panorama
This is a real opportunity

Panorama

Lease expiring must be sold HAS SOLD

  SOLD

Don't lease own it: 9 Unit motel "For Sale" as Going Concern Landlord may sell a Lease.

  1. Located in Levin on State Highway One Vendor must sell as the existing lease is about to expire.
  2. All units ground level fully fenced swimming pool with BBQ
  3. Ideal for buyers who can see an opportunity

This is a very tidy motel complex easily managed, 5 Studio 4 One Bedroom Units provides accommodation to the travelling public, plus families full fenced childrens play ground.  "Vendor says find me a buyer keen to sell". Some conditions may apply.

For futher information contact Malcolm McCrae Speacialist Motel Broker Malcolm McCrae 0274 465 987

 Address

  • 170 The Avenue, SH 1 Levin, New Zealand

 Contact

  • Malcolm McCrae

    Malcolm McCrae

    Malcolm McCrae is the principal of McCrae Real Estate Limited, MREINZ,  REAA Licensed Agent

    Malcolm (AREINZ) is a Licensed Agent REAA and has over 33 years experience selling real estate, the last 15 years specialising in the motel industry. Allied Member of the Motel Association of New Zealand and Approved Consultant of Hospitality New Zealand.

Please view our current listings here

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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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.