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City Centre, Palmerston North

Price by negotiation

Listing Description

Listed: Mon, 18 Aug

Legends Motel-Freehold going cencern- Hard to Find

City Centre, Palmerston North, Manawatu / Whanganui

Price by negotiation

Details

  •   563m² Floor
  •   889m² Land
AttributeValue
Property use
Hotel/Leisure
Viewing instructions
by appointment
Parking
17 car park
Property ID#
JID252

Description

Motel Freehold and business for sale, Legends Motel is just within a short walk 1-2 minutes to the city central. Motel consisting of 12 motel units plus Comfortable 3 Bedroom managers home. - six units ground level six units first floor eleven units with spa baths always popular with guests. Immaculate presentation throughout, potential to increase turnover.

Strong corporate trade, travelling public, guests attending sporting fixtures, plus attendees to the many conferences held in Palmerston North. There is a constant shortage of high quality accommodation in Palmerston North.

An exceptional opportunity to acquire a well-established, freehold motel with a strong ISA score, located just a 1–2 minute walk from Palmerston North’s vibrant city centre. Legends Motel is ideally located on Fitzherbert Avenue, offering guests unbeatable proximity to shops, restaurants, and entertainment. Invest in Land and improvements plus a profitable business no worries about rent reviews. All chattels owned and NO emergency accommodation guests. it is currently managed by one person showing an impressive return on investment.

Selling by "By Negotiation".

For a full marketing package or to arrange a viewing please contact Michelle: 021-1732828 OR book@legends.co.nz





legendspalmy

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legendspalmy

100% positive feedback( 2 )
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Member since Wednesday, 1 November 2023

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