McCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.
Leasehold : Vendor offers either option purchase the leasehold or the freehold comprises 17 units 6 Studio, 6 One Bedroom & 4 Two Bedroom plus a 3 Bedroom unit 3 Bedroom home . Located on State Highway One This complex is supported by Travelling public, Tradesmen working within the area & Corporate Trade. New lease if required.
Not often motels in this location come on the market. Currently under management and enjoys an occupancy of 60%. Vendor wishes to sell to purchase another development. If this proposition interests you do not hesitate enquire today.
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.
Leasehold : Vendor offers either option purchase the leasehold or the freehold comprises 17 units 6 Studio, 6 One Bedroom & 4 Two Bedroom plus a 3 Bedroom unit 3 Bedroom home . Located on State Highway One This complex is supported by Travelling public, Tradesmen working within the area & Corporate Trade. New lease if required.
$450,000 Leasehold (Sorry sold)