Secure Investment Motel Opportunity
- Proposed Usage
- Tourism & Hospitality
- Property ID
* 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!