Broker | West Coast, Marlborough
What a find in the gateway to the West Coast, this easy to run well-established motel is currently operated under management with a great opportunity for advancement under owner-operators.
Very good mix of rooms from modern units to open 3 bedroom 'old-school' balcony rooms taking in the ambiance of a historic rural township.
Reefton attracts tourists and corporate clients and with loads being spent enhancing the town with a couple of big projects getting underway.
With a brand new 30 year lease and an approximate 30% yield.
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