• Buying, selling or investing in a motel?

    Buying, selling or investing in a motel?

    You’ve come to the right place because McCrae Real Estate have over three decades’ experience in the motel sales and investment industry. You will get reliable, accurate and up-to-date market information as well as a personalised service to ensure best results.

  • 8 Units Levin
  • Braemar Palmerston North
  • Palmerston North Bella Vista
  • Tuki Tuki Motel
  • Acacia Court Palm North
  • Petone Foreshore
  • Wellington Location
  • Ploughman Levin
  • Bassingers Levin
  • Rose City
  • 8 Units Levin

    Owners change their thinking will sell 8 units with other options for the buyer, great location in the CBD of Levin. 8 units comprises of 5 Studio, 3 One bedroom + owners accommodation 

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  • Braemar Palmerston North

    You will be proud to own this motel leasehold Braemar Motor Lodge Palmerston North: 20 units conprising 13 Studio, 6 One Bedroom, 1 Two Bedroom units 4 Bedroom home Private courtyard off the living rooms internal access garage. 27 years on the lease, next rent review 2021. read more:

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  • Palmerston North Bella Vista

    New to the market 18 units + Conference Venue 3 bedroom home ideal for a family handy to schools & secondary schools in Palmerston North. Located on a main thoroughfare into the city. Member of Bella Vista Accommodation Nationwide network.

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  • Tuki Tuki Motel

     An opportunity to buy a profitable motel business in Central Hawkes Bay:

     Vendor offers two options LEASEHOLD $415,000 OR FREEHOLD GOING CONCERN $1,650,000

     LEASEHOLD price $415,000  (+GST if any)  

    • Financial Statement year ending March 2018
    • 14 Units earning $27,500 ex gst per unit
    • 2018 income show a net return 32.5%
    • The figures display a strong client base & cash flow
    • Vendors offers    New 30 Year lease
    • Arrange to view today

        FREEHOLD GOING CONCERN $1,650,000

     After 15 years of ownership, owners say it's time to sell.  14 units motel 3 bedroom managers home with private courtyard. The motel has been desgined with excellent unit configuration,  8 Studio, 5 One Bedroom & 1 two bedroom units. 11 units with Air Conditioning, New 30 year lease realistic rental, swimming pool for those hot Hawkes Bay days. The Vendors have placed the business on the market at a realistic price, great opportunity to enter the tourist trade.  Like to buy a Feehold Going Concern the vendor will sell.

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  • Acacia Court Palm North

    Vendor has placed the property on the market to retire:

    Live at home run your own business 6 ground level units detached 2 Bedroom home, established clent base easly managed by one person while your spouse works off site. All chattels owned 4 channells SKY, plenty of potential with this complex. The complex may lend to an alternative use.

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  • Petone Foreshore

    Looking for a busy motel this is it: 15 units 3 Bedroom home all ground level. No Vacancy sign is often up at this motel which trades well above the average. Excellent configuration of Studio & One Bedroom units. Showing a high Return On Capital Invested.

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  • Wellington Location

    With the Growth of Hutt Valley Don't hesitate enquire today:

    No Deferred Maintenance here:

    Hutt Valley: Immaculately presented 15 unit motel complex with 3 bedroom home. Excellent unit configuration4 Stidio, 7 One Bedroom + 4 Bedroom. Designed for small or Larger groups,plenty of on site parking for guests vehicles. Complex has been completely refurbished during last 2 years. New 25 year lease, realistic rental,provides all comforts of home,enjoys a high occupancy.

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  • Ploughman Levin

    Don't wish to lease a motel buy a Freehold Going Concern 6 units plus a home State Highway One. After 15 years of ownership the vendor says it's time to move on. While it's 6 units Ploughmans Motel can be managed by one person, offers an income + a home.

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  • Bassingers Levin

    You will be proud to own this Leasehold Interest  BASSINGERS MOTOR LODGE just buy and manage the business. Comprising of 12 Units, 6 Studio, 5 One Bedroom + 1 Two bedroom Units 3 Bedroom Home Private court-yard Lockup garage attched to the house. Separate motel kitchen & laundry, new 30 Year lease, Strong forward bookings.

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  • Rose City

    New to the Market

    Looking for a larger motel 26 units plus 4 bedroom home centre of Palmerston North this business is for you. Comprising Squash Court, 7 Studio, 6 One Bedroon, 4 Two Bedroom Plus 9 Executive units. Units have either Double Spas or separate show box showers. Interior of the units have been newly renovated, 32" Flat Screen TV, Sky 50 + channel decoder installed, well equipped kitchens, Quality bedding, offers all the confort of home.

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Types of Investment

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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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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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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Recent Sales Success

Our Recent Sales

Here are some of our latest sales that we have achieved. Please click on the links to view.

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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 to the Motel Association of New Zealand.