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You will be proud to own this business

A Leasehold Listing

At 53 Princes Street, Hāwera, New Zealand

"Looking for a Modern Motel ?"

$650,000

Plus GST if any

Vendor must sell and move on

The timing is right to purchase a modern motel with 18 luxurious suites Occupancy rate constantly runs at 66-70%, income increased 20% from last financial year. Established client base.

Guests love staying at Hawera Central Motor Lodge where18 units provide all the comforts of home. 14 Studio, 4 One bedroom units with immaculate presentation. long term lease, and all chattels owned. Turnover in excess of $31,400 ex GST per unit. Comfortable two bedroom managers home with a well fitted out kitchen, plus internal access double garage,

Hawera has several well established industries who create a constant demand for accommodation for tradesmen working in the area plus the travelling public. There's no deferred maintenance with this complex, just buy and count the cash flow.

Located handy to the CBD of Hawera, guests walk to shops, restaurants, cafes etc. You will be proud to own this motel business. To obtain a marketing package contact Specialist Motel Broker Malcolm McCrae tele 0274 462 987

Details

  1. Units: 18
  2. Region: Taranaki
  3. Listing ID: m845

Features

Location

53 Princes Street, Hāwera, 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.

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.