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Motel Six

$600,000

Business Northland

ID: 1739

Motel Six

Property Name:
Motel Six
Address:
153 Bank Street, Whangarei
Property Type:
Motels
Sale Type:
Business
Price:
$600,000 
Region:
Northland
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Kamal Sharma

Kamal Sharma

Broker | Northland-Nth Shore/West Akld

M: +64 22 0515 782

kamal[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • First time on the market in 23 years
  • Main Road location
  • Corporate and regular clients

Kamal Sharma

Broker | Northland-Nth Shore/West Akld

Contact Agent

Kamal Sharma

Mob: +64 22 0515 782

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

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All I can say is this 17 unit motel will not be on the market for long - this one simply ticks all the boxes.

Last 3 years average per month occupancy:
  • 2016-81%
  • 2017-81%
  • 2018-80%
 
Very steady performance.  Very well established.
 
Comes with lovely three bedroom owners home upstairs above the reception block.
 
Downstairs has an open-plan kitchen and lounge followed by an in-house laundry space at the rear.
 
This one is just next to McDonald's in Whangarei, location is the key factor which drives a lot of corporate and repeat clients.
 
Facilities include spa, Free Wifi, carparks for all units.
 
Call now to arrange a site visit.
 
Vendors instruction - financials will be shared after a site inspection only.
 

 

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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Kamal Sharma

Kamal Sharma

Broker | Northland-Nth Shore/West Akld

M: +64 22 0515 782

kamal[at]resortbrokers[dot]co[dot]nz

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