McCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.
Looking for quality this is it:30 Unit motel complex, central city location, all units with spa's encourage guests to return. Palmerston North is a sound progressive provincial city with $93 million shopping plaza development just opened over the road which must give a purchaser confidence in the future of this motel. Strong corporate trade. Vendor keen to return to family in the North, make an offer.
Quality chattels throughout
Rental recently negotiated
3 Bedroom managers residence
Linen cleaned by a laundry company
Location is within walking distance of the CBD of Palmerston North offering luxury accommodation, spa baths or pools in all units guests just love. Some Vendor finance may be available to an approved purchaser, this all adds up to an exciting proposition. The pull to family in the North is so great the Vendor has reduced the asking price, they await realistic offers.
Asking price $1,275,000
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For further information on this property contact one of our sales team quoting REF# m538 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.