Southern North Island
Last Updated on Friday, 02 July 2010 09:10
McCrae Real Estate have been appointed agents to sell this exclusive Leasehold Interest Motel in an area where the future is assured. Looking for a motel lease with a strong cash flow?. You must arrange an inspection of this modern 16 unit motel complex.
- Long Term lease
- An existing strong client base
- Enjoys a high occupancy rate
- Income in excess of $40,000 per unit (ex gst )
- Near the Wellington Public Hospital
- With further development planned within the area the future looks very bright.
- Not often an opportunity to purchase a motel lease of this magnitude is on the market.
- With the extension of Ronald McDonald House near and World Rugby Cup in 2011 there is potential to connect into the tourist trade plus other fixtures & functions. The purchaser of this complex can buy with confidence. The future is very bright. To obtain full information, prospective purchasers are required to sign a confidentiality agreement.
$1,270,000 ono (+ gst if any)