Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru
Situated in the main motel strip of Oamaru this 11 unit motel, with 21 years remaining on the lease, will give the new owners a good return based on past performance.
Realistic vendors are keen to move on and have priced it to the market.
The owners home consist of three bedrooms, all in good condition and ground level.
The units are all in good condition with most having spa baths and all units offering excellent accommodation from studio to two bedrooms.
The motel offers off-street parking for all units and all units are ground floor level.
Oamaru has an increasing visitor/tourist population with the local attractions of this charming town. The Victorian centre of the town with it's buildings built of the local stone attract visitors and tourists on a daily basis. The Victorian centre is packed with curio and antique shops as well as good restaurants close by.
The local blue and yellow penguin colony also attracts worldwide interest from the eco tourists.
All of the above are good reasons if you are looking for a motel business with a good return in a great little town.
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