McCrae Real Estate Limited MREINZ is a hospitality business and investment broking service specialising in the motel industry in whom you have total confidence.
McCrae Real Esate Ltd mreinz have been appointed agents to sell this exclusive Leasehold Interest Motel in an area where the future is assured. Looking for a motel lease with a strong cash flow ?. You must arrange an inspection of this modern 16 unit motel complex.
Long Term lease
An existing strong client base
Enjoys a high occupancy rate
Income inexcess of $40,000 (ex gst per unit)
With further development planned within the area the future looks very bright.
Not often an opportunity to purchase a motel lease of this magnitude is on the market.
The asking price offers a realistic Return On Investment of 21%.
With the extension of Ronald McDonald House near, World Rugby Cup in 2011,Potential to connect into the tourist trade plus other fixtures & functions. The purchaser of this complex can buy in confidence.The future is very bright. To obtain full information, prospective purchasers are required to sign a confidentiality agreement.
Contact Malcolm McCrae for an information pack.
$1,270,000
For further information on this property contact one of our sales team quoting REF# m568 Email
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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.