Listing Ref: 777
White Heron Motor Lodge, Gisborne
Property Name: White Heron Motor Lodge
Address: 474 Gladstone Road, Gisborne
Property Type: Motel
Sale Type: Business
Price: $880,000
Region: East Coast
Features
This motel is well positioned on
the main arterial route into Gisborne, and is close to the town centre and Gisborne’s safe
swimming beaches.
Number
of Rooms
24
Age
15
years (as at Nov 09)
Configuration
17x
studios, 4x 1 bedroom and 3x 2 bedroom units.
Owner’s
Accommodation
This has 3
bedrooms.
Lease
Details
Lease
expires 30th November 2034, two yearly rent reviews.
Financials
Will
be made available to qualified buyers only.
Approximate
Yield
23%
Contact
For further information on this business opportunity please contact Brent Hannah on 021 359 678, brent@resortbrokers.co.nz
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.
