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Te Awa Motel

$860,000

Freehold Going Concern Manawatu - Wanganui

ID: 1590

Te Awa Motel

Property Name:
Te Awa Motel
Address:
95 Putiki Drive, Wanganui
Property Type:
Motels
Sale Type:
Freehold Going Concern
Price:
$860,000 
Region:
Manawatu - Wanganui
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Paul Sanson

Paul Sanson

Broker | Manawatu, Whanganui, Wellington, Wairarapa

M: +64 27 903 4267

paul[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Freehold Going Concern for under the $1 million mark
  • Units refurbished and tastefully decorated
  • Trading well

Paul Sanson

Broker | Manawatu, Whanganui, Wellington, Wairarapa

Contact Agent

Paul Sanson

Mob: +64 27 903 4267

Email: paul[at]resortbrokers[dot]co[dot]nz

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Freehold Going Concern for less than the average house price in Auckland

Potential Vendor Finance available to approved purchasers.

This impressive FHGC Motel offers 7 one bedroom, refurbished and tastefully decorated, units.

The owners accommodation is a spacious three bedroom home with extensive views of the city and the Whanganui River.

The total freehold land area is 1,864m2 (more or less).

Features of the units include kitchenettes, flat screen TVs , SKY SO+ , new beds and bedding plus the motel has a lovely spa pool for guests to unwind in.

All the units face the west which maximizes the afternoon sun and there is a sundeck outside the units.

The occupancy stats make good reading and the motel is trading well.

The motel is a short distance to the city, restaurants and the Whanganui River Boat.

FHGC means that the new owner will own all the land , bricks and mortar and the business (with no landlord, lease and rent increases). You can own it all for less than the average price of a house in Auckland.

This really is a lovely boutique motel and warrants enquiry by those looking for a FHGC for under that '1 Million' mark.

Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.

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Paul Sanson

Paul Sanson

Broker | Manawatu, Whanganui, Wellington, Wairarapa

M: +64 27 903 4267

paul[at]resortbrokers[dot]co[dot]nz

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