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Viking Lodge

A Leasehold Listing

At 180 High Street, Dannevirke, New Zealand

"Recently refurbished throughout"

Price by negotiation

Plus GST if any
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Great motel business with strong demand for accommodation gives increased income. If you are looking for motel business with a strong cash flow Viking Lodge is the one.. Vendor selling after completing a complete refurbishment.. Constant demand for accommodation from corporate trade & tradesman working on the area.

Motel consists of 13 Units - 11 Studio, 2 One Bedroom units and a 3 bedroom home. This is an opportunity for the purchaser to take this complex to the next level. Great location on State Highway 2 with a new 25 year lease.

With the price of housing today, here is an opportunity at this price to buy a business complete with a house. All chattels owned and in new condition. There is a constant demand for accommodation from tradesmen working within the district plus the travelling public. 

As it's currently hard to find a motel lease on the market, this motel leasehold must appeal to buyers serious about entering the hospitality trade. The buyer will capitalize on the improvements the owner has installed. This motel is easily managed by an active couple.

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Details

  1. Units: 13
  2. Listing ID: m830

Features

Photos

Location

180 High Street, Dannevirke, New Zealand

Agent

Malcolm McCrae

Malcolm McCrae is the principal of McCrae Real Estate Limited, MREINZ,  REAA Licensed Agent

Malcolm (AREINZ) is a Licensed Agent REAA and has over 33 years experience selling real estate, the last 15 years specialising in the motel industry. Allied Member of the Motel Association of New Zealand and Approved Consultant of Hospitality New Zealand.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone : +64 6 3577743
Mobile : +64 274 462 987

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Disclaimer

The property information has been prepared from information supplied by the owners. Every precaution has been taken to establish the accuracy of the material. No responsibility or liability is accepted by McCrae Real Estate Ltd (Licensed Agent REAA 2008) its principal, agents or employees. Prospective purchasers should make their own enquires and satisfy themselves as to all aspects of this material.