Secure Investment Motel Opportunity



Proposed Usage
Tourism & Hospitality
Property ID

Business Highlights:

* Prime location, just a few minutes to the lakefront and town centre, on the main route from Auckland/Hamilton/Tauranga

* 18 unit motel, under well-recognised Bella Vista chain with a good mix of studio, twin beds/triple beds, one bedroom, and two-bedroom units.

* A secure long lease with 24 years remaining.

* Built to a high standard in low maintenance materials, the property is maintained to Qualmark 4 Star rating.

* This motel is a perfectly manageable size; the current owners have done a great job of increasing this motels occupancy and room rate, this is a successful business with over $215,000 net profit annually.

* The owner's accommodation is very generous with three bedrooms and two bathrooms making staying here very comfortable.

If you are looking for a well-managed, well established, successful motel business in a tourism mecca you need to contact Christine now - 022 317 1359 and book a viewing!

Price $899,000

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