CAMBRIDGE: Profitable 15 Unit Motel. Lease $635,000
$635,000 Plus GST (if any)
About the business
This motel enjoys the tranquillity of the country life yet is still close to the centre of this thriving Waikato town. With 15 units featuring studios through to one and two bedroom units, all at ground level for easy access for guests, this business has continued to grow through what has been seen by some as a difficult trading period.
A separate guest laundry, plenty of parking, pool, barbeque area and a very well maintained complex in a garden setting, continues to attract a wide range of travellers including a loyal following of repeat visitors.
The owners accommodation is a very spacious and comfortable two bedroom home including an attached garage. This owners accommodation could be expanded very simply by utilising an existing access to one studio unit.
Having owned and successfully run this motel for the past seven years, the vendors are keen to sell this profitable business and have based their price on recent valuation advice which will be made available to qualified buyers.
Cambridge is on State Highway One in the heart of the lush Waikato countryside close to Hamilton City, Hamilton Airport, Mystery Creek Events Centre and Lake Karapiro, all of which attract travellers for a wide variety of reasons.
We would welcome your enquiry on this motel for sale in Cambridge via this website or by phoning IAN YOUNG on 07 281 1810 or 0274 851 305.
Agents Details
Ian Young
- M 0274 851 305
- W 03 366 9040
- View My Profile
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