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Waikanae Beach Motel

$1,800,000

Freehold Going Concern East Coast

ID: 955

Waikanae Beach Motel, Gisborne

Property Name:
Waikanae Beach Motel
Address:
19 Salisbury Road, Gisborne
Property Type:
Motels
Sale Type:
Freehold Going Concern
Price:
$1,800,000 
Region:
East Coast
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Brent Hannah

Brent Hannah

Broker | Hawkes Bay, Gisborne

M: +64 21 359 678

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

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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No. of Rooms:

16 rooms in total, set on 2 levels comprising of 7 x studios, 6 x 1 bedroom units and 3 x 2 bedroom unit.

Owner's Apartment:

Owner's accommodation consists of a two level 3/4 bedroom + 1.5 bathroom home with a private balcony and huge courtyard.  Lovely sizable kitchen that is on the bottom level.  The reception/office area is conveniently located on the lower level.

Age:

Built 1960's

Features:

Set on 2024m2 and just one block back from in demand Waikanae Beach with clear access to the waves.  Presently run as a successful business offering good returns, the Waikanae beach Motel gives you the best of both worlds, beach life and a short walk to Gisborne city.

Broader thinking will allow for multiple options such unit titling, rental investments or further motel expansion.

Vendors to consider part trades.

 

 

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

Confidentiality

To access information about this listing please follow the link below and complete the Confidentiality Agreement Form.

Confidentiality Agreement Form

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