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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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Home Leaseholds 30 Luxury Units in Palmerston North
30 Luxury Units in Palmerston North

thumb_m5573Leasehold Property 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.

Price   Asking price $1,275,000

ACT TODAY CONTACT McCRAE.

For further information on this property contact one of our sales team quoting REF# m538  Malcolm McCrae

 
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