Profitable Motel Business in Best NZ Location!

Perfect Motel Business in New Zealand’s Best Location.

Colonial Court Motel in Cambridge is An Exceptionally Profitable Choice!

Price?  Try $635,000  (+GST if any)

Consistent profitability, well into 6 figures

• 15 spacious units

• 11m Pool

• Land area 2,828 m2

• 18 years remaining on lease

• Excellent 2 brm residence 

• Desirable Cambridge location

Colonial Court’s exclusive Cambridge location means it will be highly sought after.

The quiet, secluded motel is just off State Highway 1 and handy to the town centre with its many fascinating shops, restaurants and bars.

The charming colonial-style motel sits in spacious grounds with ample guest parking, extensive grassed areas plus a large, 11m swimming pool.

A careful maintenance programme has ensured that the motel is presented in tip-top order.

Colonial Court benefits from the many events around Cambridge, providing accommodation for visitors to Lake Karapiro, Mystery Creek, Cambridge Raceway; a substantial clientele of regular business travelers; and tourists looking for a quiet, comfortable stay in the heart of the Waikato.

The motel can be run effectively by a couple with assistance from casual cleaning staff. Excellent systems are in place enabling new owners will walk in and immediately operate successfully.

Guest accommodation comprises:
15 ground floor, stylish, quiet, well-appointed units. All units are self contained including cooking facilities:
 

• 7 x Studios
  
• 6 x One Bedroom
  
• 1 x Deluxe Studio with private spa
  
• 1 x Two Bedroom
  
• Guest laundry
  
• Car wash
  
• Barbecue

Owners’ accommodation:

The owner’s residence is a delightful two bedroom home – with the possibility of linking one studio unit into the home for a third bedroom.

The large kitchen has an island bench with plenty of storage and leads out onto a private deck.

Reception is immediately adjacent to the comfortable and private living room which presently also incorporates a sizeable office corner.

The open views offer a relaxing environment in which to unwind.

Impressive financials, up to March 2011, will be available soon: register your interest now.

You will need to act quickly as opportunities like Colonial Court are very rare!

About Cambridge

Cambridge is situated 20 minutes south of Hamilton on SH1. It’s a favourite stop for travelers heading north or south and is a short drive to many tourist destinations.

Cambridge is known as "The Town of Trees". Situated on the banks of the Waikato River, it is steeped in history, much of which can be seen on the Heritage Trail Walk. Cambridge truly offers something for everyone and is well known for the number of antique shops and galleries and of course the many world-acclaimed Stud Farms.

Not far away is Lake Karapiro, the pride of New Zealand's rowers and a jewel in the crown of Waipa District, offering an international class water sports venue: 7.7 km2 of flat water for picnickers, canoeists, water-skiers, yachts and of course, rowers. Lake Ngaroto is another popular spot for boaties.

The scenery in the Waikato region is simply stunning. Above ground there is the Waikato River, Hamilton Gardens and Matamata (at which some of the Lord of the Rings set remains).

To witness the limestone grottos you need to head underground to a subterranean wonderland, Waitomo Caves, where you can go caving. Experienced guides will educate you about the formations, which feature the Cathedral Cave - an impressive cavern with awesome natural acoustics. The tour finishes with a boat ride through the world famous Glow Worm Grotto, where the glow worms illuminate the cavern wall.
Not far away is Hamilton, where you can take a cruise on the Waikato River, visit the Hamilton Zoo or stroll through the historic themed Hamilton gardens.

Cambridge offers a superb, relaxed lifestyle and ready access to some of the best schools in the country.