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The Dawson

A Leasehold Listing

At 16 Dawson Street, New Plymouth Central, New Plymouth 4310, New Zealand

"Modern Larger Motel Complex"

$1,240,000

Plus GST if any

This modern large sized motel has just completed the best financial year ever to 31st March 2023. The demand is constant for accommodation with an occupancy rate exceeding 70%. 

Exterior of the building has been repainted during the year. There is no deferred maintenance with this motel complex. A buyer can buy in confidence.

Buyer's in this price range will be impressed. Guests enjoy stylish accommodation in the 23 Units comprising 19 Studio, 2 One Bedroom & 2 Two Bedroom Units. There is a 3 Bedroom managers house living rooms ground level. The business has been established around a strong corporate trade and the general travelling public (no emergency housing).

The motel offers all the comforts of home. Spacious units, all units air-conditioned, fully equipped kitchen. High quality chattels have been installed throughout, King size beds, several units with spa baths. Plus many other features that have been incorporated into the design of the motel such as an electric recharging point for EV vehicles. Long term lease this is a motel business you would be proud to own. With the established client base the future of this motel business looks very sound. Don't miss this opportunity arrange a time to view.

The Vendor has requested prospective purchasers sign a Confidential Agreement before receiving a property information package.. To receive a copy of the Confidential Agreement contact Specialist Motel Broker Malcolm McCrae Licensed Real Estate Agent please phone 0274 462 987

Details

  1. Units: 23
  2. Region: New Plymouth
  3. Listing ID: m823

Features

Location

16 Dawson Street, New Plymouth Central, New Plymouth 4310, New Zealand

Agent

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.

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.