Trentham Motel

  • Asking price: $600,000
  • Listed: Mon 29 May, 8:42 am
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Listing #: 1336078625
Location: Upper Hutt, Wellington
Business only for sale

Reasons to buy
Very well appointed complex
Trading well
Spacious 3 bedroom owners home
New 30 year Lease

Viewing Highly Recommended
The Trentham Motel has 15 ground floor units configured as:

7 x studios
2 x one bedroom units
6 x two bedroom units
There is ample parking for guests vehicles.

The owners accommodation is a spacious 3 bedroom home. The heating is by way of a heat pump.
Attached to the home is the reception and laundry area.

The motel is situated on Ferguson Drive which is one of the main arterial routes into the city. The motel is approx 4kms to the town centre.

The motel is opposite Memorial Park, 2 mins to the train station, next to a bus stop and very close to the racecourse and a golf club.

The motel is one of four dedicated motels in Upper Hutt. It is a member of the Golden Chain accommodation group and the only motel in the city to offer Flybuys.

The majority of the units have been refurbished. There is free fibre internet for guests , sky 50+ channels and a guest laundry .

The motel benefits from an excellent corporate clientele and has good repeat business. Overall the Motel is very well appointed, in an excellent location and is doing good business.

There will be a new 30 year lease with a starting annual rent of $140,000 per annum plus GST

Also for sale is the Freehold Going Concern

Agency reference #: 1639

Advertiser's details

Paul Sanson
  •  (027) 9034267
Resort Brokers Ltd
(09) 3699708

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Expires: Mon 29 Jan, 8:37 am
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