14 Stanley, Dannevirke, Tararua, Manawatu / Whanganui

FHGC Motel, in Dannevirke . Why buy a Leasehold when with a freehold, you have Full control over what you can do. No exorbitant rent, monthly fees and Lease extension costs. Also with the % rate about to drop.

There has been no transitional housing here, so business has been constant.

We have spent a large sum on renovations here including new Hot water cylinders (SS) ,cladding, plumbing, New driveway/carpark and drainage, new kitchens going in soon. 2 complete. Relocation of Laundry and some new interior decorating. Carpet throughout is about 3-4 years young. Most of the heatpumps are new, 2 years young.

9 Units, (7 studios 2 Family Units) Accommodation for the owners is part of the complex, consisting of 3 bedrooms , bathroom upstairs with lounge kitchen dining on ground floor with a private back yard patio area with good privacy and no close neighbors. The Owners accommodation is cosey and warm. Large Storage shed and laundry workshop.

Section size is approximately 3300 M2. To see any Financials you will need to sign a confidentiality agreement.

Negotiating Range 1.2- 1.25 M. We know a financial broker who may be able to assist. This is a Private sale. No agents.