MOTUEKA: Modern & Attractive 16 Unit Motel. Rare Investment Opportunity. Land & Buildings $1,875,000

This investment opportunity ticks all of the boxes.  The business was leased for 35 years from 2007 with a conservative rental structure, giving good growth prospects for the future.  As with most motel leases, it is a net rental with virtually all outgoings payable by the motel operator.

The modern buildings are very well presented and maintained, sited on a large main road site, providing room for future development if required.

This much admired complex was built with pride by an owner operator approximately 14 years ago.  The complex was originally operating as 12 upmarket units and in late 2005, an additional four new top of the line units were added.  The motel is aimed at the top end of the market, with some units offering air conditioning, spa baths and 42” plasma TV’s.

Well sited on the main road, the land area of over 2,000m² provides a real point of difference, with attractive and established landscaped garden areas. Potential exists for further development in the future.

The complex enjoys energy efficiencies and the buildings have been very well constructed, offering a level of space which is hard to find in modern complexes these days. It enjoys a pleasant northerly aspect and has established itself as a popular motel with both tourists and corporate guests alike. 

Investment properties of this calibre are rarely available.

We would welcome your enquiry on this investment motel for sale in Motueka via this website or by phoning KELVYN COFFEY on 03 550 0459 or 027 432 0565.