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mccraeMcCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.

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Manawatu Motel Association Life Member

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Home Freeholds Ripe for Further Development
Ripe for Further Development
ImageComplete the development started by the Vendors: Local authority consent has been approved, plans included in the price. Some work has been commenced, foundations layed for a new dwelling/reception. Earn an income while you develop the motel further. 12 Units.  Three bedroom home.  Land suitable for more units.  Vendor finanace could be available to an approved purchaser.

 

Opportunity to capitalise on the work the Vendors have commenced. (Health forces sale).  The motel consists of 12 units: 9 Studio, 3 One Bedroom units.  Potential to develop the new dwelling from the approved plans and convert the existing dwelling into extra units. Vendor will consider trading a property they are keen to sell.

 

 

Image $($1,400,000 dwelling completed)

For further information on this property contact one of our sales team quoting REFm540. Email Malcolm McCrae  

 
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