Listed: Wed, 15 May

Mahoe Restaurant + Motel = Great Opportunity

835 State Highway 4, Taumarunui, Ruapehu, Manawatu / Whanganui

Asking price $1,300,000

2 Beds
1 Bath
1 Living area
284m² Floor
4286m² Land

Other Features

6+ Separate toilets
6+ Off-street parking

Attribute	Value
Property type	House
Capital value (CV)	$390,000
Parking	3 carport spaces, 15 open spaces
Agency reference	TN8874
Broadband in the area	Fibre, Wireless

Both Properties for $1,300,000 + GST (if any)

Restaurant) Are you looking to relocate and establish your own restaurant business? Here's an opportunity to acquire a turnkey restaurant with attached accommodation, a landholding, plus a large workshop all in one package! Well positioned on State Highway 4 approximately 8km south from Taumarunui, it was previously operated as part of the Mahoe Motel which benefits from providing accommodation to tourists embarking on the Ruapehu region's well known adventure activities, travellers looking to break up their journey plus truckies looking for a comfortable night's sleep and a hearty meal. Taumarunui is renowned as the gateway to the Ruapehu region, home of Whakapapa and Turoa ski areas, the Tongariro Alpine Crossing, and river canoeing excursions on the Whanganui River, all of which will bring hungry diners. This restaurant has been recently subdivided onto its own title so the new owner will benefit from the synergy of being next to the motel along with the independence of establishing its own niche and identity. There are several elements to this property:

The restaurant and commercial kitchen with associated chiller and storage spaces
Downstairs from the restaurant is a self-contained two-bedroom flat for owners, managers, or workers accommodation
A stand-alone modern 110sqm (more or less) high stud workshop, which could be leased or enjoyed by the owners. This investment is worth exploring, continue or expand the accommodation aspect and operate the restaurant yourself or tenant the property under a commercial lease.

Motel) Also available to purchase

Going concern 9-unit Motel with Managers accommodation fully self contained + motel laundry
Freehold land and buildings
2 Acres (more or less) of land
Turnkey investment, chattels included
Same prime State Highway location
Ready for sale before the busy ski season ahead Copy and paste this link into your browser to view the Motel listing https://vltre.co/QYKlN4