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Park View Motor Lodge

$1,525,000

Business Waikato

ID: 1744

High Yield Opportunity in a Major City Location

Property Name:
Park View Motor Lodge
Address:
450 Tristram Street, Hamilton
Property Type:
Motels
Sale Type:
Business
Price:
$1,525,000 
Region:
Waikato
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Leanne Bate

Leanne Bate

Broker | Waikato, East & South Auckland

M: +64 21 0350049

leanne[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • High Yield
  • Long lease 
  • Proven location
  • 3 bedroom, 2 bathroom owners home
  • Covered garage and ample storage
  • Dedicated motel kitchen
  • Caters for corporates and families with excellent configuration
  • In-ground heated pool, spa and sauna
  • Purpose built conference facility

Leanne Bate

Broker | Waikato, East & South Auckland

Contact Agent

Leanne Bate

Mob: +64 21 0350049

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

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Park View Motor Lodge is on the market!

Opportunities like this are few and far between.

Own the business and have it managed or reap more and run the business yourself.

Situated in a great location, adjacent to Waikato Stadium and close to the CBD.

The 24 unit motel is modern, spacious, well designed and provides excellent accommodation to its solid following of corporate clientele, free independent travellers and returning couples and families. Each suite benefits from heat pumps, a fully equipped kitchenette, spa baths/separate showers and flat screen TV's. You also have the option of enjoying the indoor heated swimming pool, sauna and spa that are centrally located to all the units and located in a relaxing area of the complex.

The motel has plenty of facilities to attract its corporate and leisure guests including the purpose-built air-conditioned conference room which caters for up to 50 people and contains its own kitchen, bathroom amenities and break out room that leads on to a nice big balcony.

A lovely modern three-bedroom, two bathroom, home is onsite for the owners and conveniently adjoins the reception and service areas of the motel.  An open-plan kitchen, dining, and lounge opens on to your own private, outdoor courtyard.  There is also plenty of storage provided and covered double car parking for your cars and/or boat.

This excellent quality motel satisfies all the apparent requirements for success.

Properties this good are hard to get!

Contact us today to receive a detailed property Information Memorandum and to book in a viewing.

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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Leanne Bate

Leanne Bate

Broker | Waikato, East & South Auckland

M: +64 21 0350049

leanne[at]resortbrokers[dot]co[dot]nz

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