Buy a business, control your own destiny. If a business is of interest you must view this motel complex, excellent configuration 20 units comprising of 13 Studio, 6 One bedroom, 1 Two Bedroom units, 4 Bedroom managers residence. The motel business is showing an impressive net profit. Long term lease, realistic rental, next rent review October 2025. Owner say's it's time to move on.
This complex has a lot to offer, designed for easy management all units ground level, excellent configuration of units 13 Studio, 6 One Bedroom 1 Two Bedroom units, some units have inter-connecting door to cater for larger groups. 16 units with spa's 18 units with Hob cooking facilities New T.V'S comfortable King & Queen beds, along with bed quilts. Sheets hired and cleaned by laundry company. All chattels owned. Comfortable managers residence with private courtyard off the living room. This is a very sound business constantly showing a high occupancy rate, strong forward bookings.
The motel location on a main entrance into Palmerston North city. enjoys a constant demand from staff from the Public Hospital, Corporate trade and the travelling public. After 6 years of ownership the owners say it's time to sell and move on.
The business is selling by "Price By Negotiation". Arrange a time to view, we can talk price with the owner.
To receive a marketing package contact Specialist Motel Broker Malcolm McCrae mob 0274 462 987 email
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