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Waitaki Median Price
Waitaki Median Rent
Oamaru rent price
Waitaki schools
A473 Thames Highway, Oamaru
$165,000+ listed in Oct 2015
Commercial for Lease:
Land size:  [Measure]
Agent: Tourism Property Brokers Ltd(Licensed: REAA 2008) - Tourism Properties.com

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Property Description:
Highly motivated vendor as urgent sale is required, get in quick to be the new owners as this business is priced to sell!

Avenue Motel leasehold business offers an excellent opportunity to enter the motel industry with 10 immaculate spacious motel units providing clean, comfortable & affordable accommodation.

Ideally located on State Highway 1, it is the closest motel to Waitaki Boys High School and Centennial Park Sports Complex, and very handy to the supermarket, restaurant, cafe, tavern and takeaways only minutes to the town centre, historic Victorian precinct and harbour.

The accommodation complex of two main blocks has been designed so that all units are on the ground floor for convenience with parking at the guest's door and all motel units are away from the main road for privacy and quietness. All the units are fully equipped and have a kitchen and bathroom. There is a separate guest laundry, manager's laundry, linen room and children's play area.

The motel unit configuration comprises:
2 x studio units
5 x 1-bedroom units
3 x 2-bedroom units

There is a spacious 3 bedroom manager's house with interleading reception office. It has a large open plan kitchen, dining and lounge area and the dining area opens out to a terrace. There are three large bedrooms all with wardrobes.

Broker's comment:

Small in size makes the business easy to operate and the current owners operate the business as a couple but at 10 units this motel could easily be operated by one person. Good occupancy with scope to increase depending on your choice of work load.

This business is seriously priced to sell so do not delay in calling the specialist Motel Business Broker Adrian Chisholm, AREI
Nearby Schools:
NameTypeDecileDistance
Waitaki Boys' High SchoolSecondary6336 meters
St Kevins College (Oamaru)Secondary7438 meters
Waitaki Girls' High SchoolSecondary61.9 km
Ardgowan SchoolPrimary72.1 km
St Joseph's School (Oamaru)Primary62.4 km
>>More schools

The property data is from the public websites.

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