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AAA Thames Court Motel

$600,000

Business Otago

ID: 1729

AAA Thames Court Motel

Property Name:
AAA Thames Court Motel
Address:
252 Thames Street, Omarau
Property Type:
Motels
Sale Type:
Business
Price:
$600,000 
Region:
Otago
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Peter Smithies

Peter Smithies

Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru

M: 022 391 9593

peter[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Location
  • Long Lease
  • Good Turnover

Peter Smithies

Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru

Contact Agent

Peter Smithies

Mob: 022 391 9593

Email: peter[at]resortbrokers[dot]co[dot]nz

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Oamaru Motel

Situated on the main motel strip of Oamaru, this 10 unit motel with a new 35 year lease will give the new owner a good lifestyle with a potentially increasing profit, going on past performance.

There are financials available for the past four years of trading.

Realistic vendors are keen to move on and have priced it to the market.

The owners home consist of a four bedroom 2 level unit with a spacious lounge and good storage.

The units are all in good condition with recent renovations.  There are two separate units that are suited to family and larger groups that gives the owners the option of catering for this part of the trade as well as the standard motel trade from corporates and tourists.

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 on a daily basis.  The Victoria centre is packed with curio and antique shops as well as good restaurants close by.

All of the above are good reasons if you are looking for a business with a good return in a great little town.

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
Enquire Now
Peter Smithies

Peter Smithies

Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru

M: 022 391 9593

peter[at]resortbrokers[dot]co[dot]nz

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