21 year lease tenure remaining
Strong corporate clients - huge repeat business
3 bedroom spacious owners home
Broker | Manawatu, Whanganui, Wellington, Wairarapa
4 bedroom, one bedroom, superior studio, family studio and custom studio. All self contained
3 bedrooms, 2 living rooms 1920-30 character.
Approximately 40 years
A very tidy motel with a spacious owners house and lovely grounds.
The motel enjoys a good number of loyal corporate clients and other repeat business.
The net profit is steady year in year out. There is potential to increase the bottom line with more use of the internet booking systems and reduction of the wages through more involvement with the house keeping of the units.
This is a nice motel, it is possibly one of the cheapest motels for sale in NZ and is doing good steady business.
Inspection and/or further inquiry is highly recommended.
21 years remaining (The Vendor has indicated a willingness to extend the term of the lease for a new owner)
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