• 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.

  • Braemar Palmerston North
  • Manfeild Park
  • Tuki Tuki Motel
  • Bella New Plymouth
  • Braemar Palmerston North

     Buy and own one of Palmerston North's better motels

    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. Buying this business will assist the vendors to shift to the South Island.

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  • Manfeild Park

    Manfeild Park Motel 13 unit complex all ground level mix of Studio & One Bedroom units 4 Bedroom home ideal for family. Great location  within walking distance of Feilding centre. Feilding has plenty of fixtures and functions to attract guests. Strong client base occupancy over 70%.  Over the street from the main entrance into Manfeild Events Centre several events every month from agriculture shows to motor racing, horse shows plus indoor events.

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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

     

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  • Bella New Plymouth

    Disability forces price reduction Vendor says find a buyer

    Vendor has their business on the maket as an ongoing disability proves too difficult, forcing them to sell. Comprising of 18 units featuring Executive, Family & Studio units. 3 Bedrrom home with private family courtyard off living room. 23 years on the lease, attractive net income. Located in the heart of the C B D of New Plymouth, established client base, an active motellier would lift the income to the next level.. 

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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.