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Claremonte Motor Lodge

$1,150,000

Business Hawkes Bay

ID: 1776

Claremonte Motor Lodge

Property Name:
Claremonte Motor Lodge
Address:
714 - 716 Heretaunga Street West, Hastings
Property Type:
Motels
Sale Type:
Business
Price:
$1,150,000 
Region:
Hawkes Bay
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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

  • Central location
  • Modern well-designed units
  • Excellent trading results

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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Well Presented Motel - Central Hastings

 

Claremonte Motor Lodge is centrally located in the heart of Hastings, within walking distance of the CBD which boasts excellent shopping and cafes.

The modern, well-designed units are well-appointed with first-class chattels and fittings, and have been meticulously maintained in all respects.

The 19 units, of mixed configuration, offer accommodation to suit all guests, including a strong corporate following.

The owners accommodation consists of three bedrooms, spacious living areas, plus a private outdoor living area.

The business enjoys high occupancies, resulting in consistent profitable annual returns.

 

Approximate Yield: 22%

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
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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