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Champers Motor Inn

$1,275,000

Business Wellington

ID: 1696

Champers Motor Inn

Property Name:
Champers Motor Inn
Address:
6-10 Pharazyn Street, Lower Hutt
Property Type:
Motels
Sale Type:
Business
Price:
$1,275,000 
Region:
Wellington
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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

  • Spacious and tastefully appointed units, offering quality accommodation
  • Central location
  • Trading results show continual growth

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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CAPITAL OPPORTUNITY IN WELLINGTON

 

Lower Hutt is 15ks from NZs capital city, Wellington.  The Hutt City includes the outlying suburbs of Petone, Eastbourne and Wainuiomata, and is the gateway to the great outdoors of the Wellington Region. 

This impressive motel, designed in the ageless tudor style, consists 24 units of various configuration, a fully licensed restaurant & bar and full conference facilities suitable for business and social events.

The owner's accommodation is a very spacious 3 bedroomed residence on site, but offering privacy from the motel.

Lower Hutts riverside location makes it attractive in any season, and the excellent museum and art galleries are enjoyed by the many visitors.

The seaside suburb of Petone is fast becoming the place to wine and dine and socialise.  Popular beaches can be found at Petone, Eastborne and Days Bay.

Rimutaka forest overlooks the city, and provides, hiking, trail bike riding, river swimming and picnicking.
Lower Hutt City, backed by a very progressive council, is enjoying a resurgence in development and growth, a new and impressive events centre and refurbished town hall being part of that growth.

Approximate Yield:

22%

 

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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Print + Watchlist View Similar Listings
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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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