Freehold Going Concern

Reasons to buy
 FHGC priced to sell
Generous land area of 3336 m2, approx
 Floor area of 754m2, approx
Low maintenance construction
Quality motel with 14 units
Generous owners accommodation
 Vibrant Taranaki  beckons

 

Acquire the FHGC & operate or sell down the business

The complex has been maintained to the highest standards with the current owners making a considerable investment into the quality fittings and fixtures.

A substantial owner’s accommodation will delight buyers - 3 bedrooms, ensuite, generous lounge and full kitchen, separate office.

The 14 motel units comprise 8 x studios, 4 x 1 bedroom and 2 x 2 bedroom units, all ground floor with generous parking.

Taranaki motel owners benefit from the regional dairy, gas, oil, and agricultural industries, plus the tourism activities from this gateway to all things Taranaki – surf coastline, snow sports and summer hiking activities, Forgotten Highway travellers.

The business can be sold separately, enquiries welcomed

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Approximate Yield

12% averaged over five years trading results