Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru
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.
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