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Mid North Motor Inn

$200,000

Business Northland

ID: 1612

Mid North Motor Inn

Property Name:
Mid North Motor Inn
Address:
158 Broadway, Kaikohe
Property Type:
Motels
Sale Type:
Business
Price:
$200,000 
Region:
Northland
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Kamal Sharma

Kamal Sharma

Broker | Northland-Nth Shore/West Akld-B/packers Nationwide

M: +64 22 0515 782

kamal[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Repeat clientele and high occupancy
  • New 25 year lease option available
  • High return on investment
  • Motivated Vendor

Kamal Sharma

Broker | Northland-Nth Shore/West Akld-B/packers Nationwide

Contact Agent

Kamal Sharma

Mob: +64 22 0515 782

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

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Great entry level price 

11 Studio units with ensuite bathrooms and individual car parking space in front.

Own laundry facilities, communal kitchen and Wifi.

Please note as the owner owns the freehold, there is a large building next to the motel which has been provided to the Education provider Te Wananga o Aotearoa.  This business does compliment the motel business but is a separate entity.

Out of the 42 car parks - 11 are allocated to the motel.

There is good repeat business from various contractors, Government agencies, education providers and cycle trail users.

Business is not on Bookings.com, potential to enhance camping and motorhome facilities, construction work is earmarked to commence in the near future at a nearby Geo Thermal plant and the Twin Coast Cycle Trail offically opens this summer. Valid points here that would likely increase your business.

Very motivated vendor.

Comes with reception/office and separate lovely two bedroom owners home with open plan living room and kitchen and bathroom.

All viewing by appointment only.

 

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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Print + Watchlist View Similar Listings
Enquire Now
Kamal Sharma

Kamal Sharma

Broker | Northland-Nth Shore/West Akld-B/packers Nationwide

M: +64 22 0515 782

kamal[at]resortbrokers[dot]co[dot]nz

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