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Cumberland Court Motel

$695,000

Business Hawkes Bay

ID: 1653

Cumberland Court Motel

Property Name:
Cumberland Court Motel
Address:
100 Omahu Road, Hastings
Property Type:
Motels
Sale Type:
Business
Price:
$695,000 
Region:
Hawkes Bay
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Brent Hannah

Brent Hannah

Broker | Hawkes Bay, Gisborne

M: +64 21 359 678

brent[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Prime location
  • Consistent and profitable annual trading results
  • Excellent occupancy

Brent Hannah

Broker | Hawkes Bay, Gisborne

Contact Agent

Brent Hannah

Mob: +64 21 359 678

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

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Luxury Hastings City Motel

Centrally located in the CBD of progressive Hastings, only minutes walk from the Hawkes Bay regional hospital.

Cumberland Court has easy access to the Bay’s famed wineries, restaurants and bars, Hawkes Bay racing club, the expanding local cycle trails and many sporting facilities.

Access to an adjoining swim gym is an attraction, used by many of the guests.

The complete complex, consisting of 20 large achitecturally designed suites, has been well maintained with regular redecoration and presents in excellent condition.

Approximate Yield:

32%

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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Brent Hannah

Brent Hannah

Broker | Hawkes Bay, Gisborne

M: +64 21 359 678

brent[at]resortbrokers[dot]co[dot]nz

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