Waikato Median PriceWaikato Median Rent | Map | Street view | Nearby | Property Description: | Here is your opportunity to invest profitably in New Zealand’s fantastic tourism boom. When national tourism receipts exceed dairy income, it is an industry you have to be part of. Excellent property in super condition 30 year lease Experienced and successful lessee Rental income $252,000 +GST per annum All outgoings paid by lessee Superb passive investment Raglan Sunset Motel is the leading motel in Raglan, one of New Zealand’s favourite beach resorts. After being very successfully run by owner-operators for many years, the property is now offered as a freehold investment. Key features include: CBD position in Raglan, on 2,579 m2 of prime real estate. Approx. 1,400 m2 of motel and licensed conference centre buildings, constructed in 2003 and in excellent condition. 24 motel units, accommodating up to 72 guests over two levels, comprising: 14 studio units, all with balcony or courtyard access 4 family studios with kitchenette 4 studios with bath, 2 with kitchenette 1 executive studio unit with kitchen A 135 m2, 2 bedroom/two bathroom 2 storey apartment Guest kitchen and BBQ Guest laundry Spa pool Ample on-site parking Stylish Licensed Conference Centre Capacity 90 seated Commercial kitchen and bar Fully equipped for conferences, weddings Opens onto large courtyard with marquee space The business is sound with highly experienced, professional lessees in place, ensuring the security of your rental income. |
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