Burgundy Rose Motel, Whangarei
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Property Name: Burgundy Rose Motel
Address: 100 Kamo Road, Whangarei
Property Type: Motel
Sale Type: Freehold Going Concern
Price: $1,000,000
Region: Northland
Features
The Burgundy Rose Motel was totally refurbished in 2010 to a very good standard. It's situated on the main arterial link, 5 minutes drive from town but still centrally located.
The complex includes a private spa pool and BBQ area, guest laundry.
This is an ideal first property for someone to build the business with a view of selling a lease in the future and retaining the freehold as an investment.
Number of Rooms
9 studio and family units.
Age
Built in 1985.
Configuration
5 studio and 4 family units all with kitchen facilities.
Owner's Accommodation
Spacious 3 bedroom accommodation, upstairs bedrooms, modern kitchen, sunny private fenced courtyard ideal for children. Reception flows off living area, 2 separate garages.
Financials
The latest revenue statements available, please contact the broker for details.
Contact
For further information, please contact Michael Osborne on 0272 426 881, michael@resortbrokers.co.nz
Downloads
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Confidentiality Agreement Burgundy Rose.pdf (144.84 KB) |
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Burgundy Financials March to July 2010.pdf (698.94 KB) |
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Occupancy Rates June - August 2010.pdf (473.71 KB) |
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Burgundy Rose Advisory Report.pdf (1.51 MB) |
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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.