GREYMOUTH: Modern Attractive Complex. New Lease $495,000 or FHGC $1,950,000.

Situated on the main road site of 2,398m², this motel checks all the boxes.  An excellent mix of all ground floor units, being 6 studio, 3 one-bedroom and 3 two-bedroom units.  All units are of generous dimensions, particularly the large family units.

The owners accommodation is exceptional.  Totally separate from the units, the house is comprised of four bedrooms, large separate office and generous kitchen & living areas.  Infrastructure is also excellent, with a large separate laundry facility for operators use as well as the separate guest’s laundry.  The garage is a very large double and has at times housed four vehicles.

The vendors have owned and operated this motel since new in 1996.  All maintenance has been well kept up to date and the presentation is excellent.  Now is the time for them to move on and retire, presenting this opportunity.  Accordingly the motel is priced very reasonably in today’s market and inspection will not disappoint.

The current year’s revenue is on the rise compared to previous years and this must be a good time to enter the industry and enjoy the growth as the economy and tourist market continues to recover.

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