SignupLogin

NauMai Motel, Whakatane

NauMai Motel 61 Landing Road

$395,000 Plus GST (if any)

NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane
  • NauMai Motel, Whakatane

About the business

No. of Rooms:
18 rooms in total, comprising of 14 x studio units and 4 x one bedroom units, all with cooking facilities. Guest laundry also onsite.

Configuration:
The Naumai Motel is the first motel you see when you drive into Whakatane. The 18 units and 3 bedroom owners accommodation is set on a large, maintenance free site. The motels configuration allows for large groups, sports clubs, families, couples and singles to be housed within the complex and have all guests leave with a smile on their face.

Owner's Apartment:
Owner's accommodation consists of a spacious 3 bedroom + 1 bathroom home with a private courtyard and size-able, fenced rear yard for the children to play. The motel reception is accessibly positioned off owners accommodation, without an intrusive feel.

Features:
Whakatane is well known for its strong performing motels and the NauMai Motel is no exception to the rule. The NauMai is positioned to get first bite of the cherry with the passing traffic. A strong performer that is well operated & highly regarded.

Only a a few minutes from the Whakatane CBD, clubs, restaurants and sports facilities makes the NauMai Motel a strong consideration.

This motel has afforded the current owners a good lifestyle and they want to pass this on to you.

I want to get you in for the summer trade.

Lease Details:
20 years remaining

Approximate Yield:
24%

Financials:
Available upon signing a Confidentiality Agreement downloaded from listing

Contact:
For further information please contact Gordon Fridge on 0221 569 330 gord@resortbrokers.co.nz

View more details at Resort Brokers

Location


Enquire about this business


Gordon Fridge photo
Gordon Fridge
  • Businesses for Sale
  • Hotels Motels Lodges B&B

Listing Number 984

Listed 10 Nov 2011   201 Views

Agents Details

Gordon Fridge photo
Gordon Fridge
Resort Brokers (Licensed: REAA 2008)

Resort Brokers (Licensed: REAA 2008)'s logo Our listings
Our website

Similar Properties Nearby

Similar property
Motel Lease
  • $390,000

More nearby properties