Oakwood Manor, Mangere, Auckland

Property Name: Oakwood Manor
Address: 610 Massey Road, Auckland
Property Type: Motel
Sale Type: Business
Price: $2,200,000 for the business only, freehold going concern also available at $8,000,000 (excluding the adjacent land)
Region: Auckland

Agent's Overview

This well presented complex is a significant airport property offering 55 ground floor units, dedicated conference multi-purpose meeting room facilities with two adjoining break-out rooms, licensed restaurant and lounge bar, swimming pool and spas all set on approximately 3 acres of land. A further 7 acres of land is available adjacent to the complex and can be purchased after negotiation with the vendor.  Extend the current operation, or purchase the adjacent land to landbank for another occasion. In its current form this prize airport property is a consistent performer that will appeal to serious purchasers.

Features

Oakwood Manor Motor Inn is located in Mangere, a few minutes from Auckland domestic and international airport. Oakwood Manor provides a 24-hour courtesy coach to and from Auckland Airport. Services on offer include:

• 24 hour reception
• Safe deposit facilities
• 24 hour courtesy coach to and from Auckland Airport
• Same day dry cleaning service
• Foreign Exchange
• Ample off street parking
• Outdoor swimming pool
• Private indoor spa
• Barbecue area
• Licensed restaurant and lounge bar
• Guest laundry
• Room service available
• Direct dial freephones at airports
• Rental cars available
• Sky TV

55 ground floor units of which 33 have full kitchens. Four units have their own spa.  All rooms have direct dial telephones, Sky TV and in-house video channel, clock/radio, refrigerator, desks/bureaus, tea and coffee making facilities and hair dryers. Cot, highchair and guest laundry are available.

Lease

A new 30 year lease will be negotiated with the vendor who has successfully operated this property since opening.

Owner's Accommodation

The manager's accommodation is above the main office block featuring an open lounge/dining room and kitchen, bathroom/laundry and two double bedrooms.

Financials

Financial information will be discussed after consultation with the agent, and inspection of the property.

Web link:  www.oakwoodmanor.co.nz

Contact

Please contact Lindsay Sandes 021 895 940, lindsay@resortbrokers.co.nz

Downloads

Confidentiality Agreement New Oakwood.pdf (144.85 KB)

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