McCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.
Vendors serious about selling their immaculately presented motel leasehold ;
STOP & LOOK!! the price is under $400,000. Arrange an inspection you will not be disappointed.
12 Units 8 Studio, 4 One Bedroom, all ground level complete with private BBQ area, park like grounds, plenty of parking for vehicles. Enjoying a high occupancy, guests keep returning to this quiet garden setting motel complex.Latest turnover figures to 31st March 2010available.Showing a 25.75% Return on Investment.This complex is a member of Host Accommodation Group which offers benefits to guests in New Zealand & Australia. With the Qualmark rating this motel has accomplished, this a very attractive proposition .
Easily managed, no deferred maintenance, LCD Flat Screen TVs have been installed throughout. The complex is central city location. Realistic rental reviewed 3 yearly. 2 Bedroom home with lock-up garage. Looking to buy your own business this is a cracker. The complex is as good as the photos show. Arrange a time with Malcolm McCrae to discuss the advantages of this motel business. The Vendors have adjusted there asking price to meet today's market, it's their intention to move to another project.
Asking Price $398,000(+ GST if any)
Don't delay contact McCrae
For further information on this property contact one of our sales team quoting REF#.M531 Malcolm McCrae
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.
McCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.
