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Marton Motel

$785,000

Freehold Investment Manawatu - Wanganui

ID: 1738

Marton Motel

Property Name:
Marton Motel
Address:
491 Wellington Road, Marton
Property Type:
Motels
Sale Type:
Freehold Investment
Price:
$785,000 
Region:
Manawatu - Wanganui
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Brent Hannah

Brent Hannah

Broker | Hawkes Bay, Gisborne, Wellington

M: +64 21 359 678

brent[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Investments of this type not readily available
  • Freehold Investment - land and buildings for sale
  • An excellent opportunity to begin or add to an investment portfolio
  • Motel is well located in a solid rural North Island township

 

Brent Hannah

Broker | Hawkes Bay, Gisborne, Wellington

Contact Agent

Brent Hannah

Mob: +64 21 359 678

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

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Investment Opportunity 7% Return On Investment

 

This tidy, well-maintained motel, provides comfortable, quiet accommodation to a regular and repeat clientele, including tourists, travelers and corporate business.

Marton township is centrally located in the North Island, supports industry, rural driven business and two private boarding schools.

The buildings are low maintenance and in very good condition, both internally and externally.

There is a 35 year lease in place.

 

Approximate Yield:

7%

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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Brent Hannah

Brent Hannah

Broker | Hawkes Bay, Gisborne, Wellington

M: +64 21 359 678

brent[at]resortbrokers[dot]co[dot]nz

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