Wiritoa Lakes Motel

  • Asking price: $650,000
  • Listed: Fri 22 Dec, 9:56 am
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Listing #: 1499899952
Location: Wanganui, Manawatu / Wanganui
Freehold Going Concern for sale
Reasons to buy
· motel land area 9,498 square metres more or less

· included in the sale is a separate section across the road, 1,191 square metres more or less

· 13 x motel units - 10 studios and 3 family units

· 3 x powered camp/caravan sites

· 4 bedroom owners home

· 3 car garage

· Situated approximately 5km's from Whanganui City Centre on SH3


"Project" - Freehold Going Concern
Not often does a Freehold Going Concern (land, buildings, and business) come on the market at this price level.

The trading results over the last few years leave room for improvement. However, there is no reason why an energetic couple who are prepared to work hard and perhaps inject some capital into improvements/alterations, could not turn this business into a more profitable operation.

In addition to the 13 motel units, there is ample land area which could be used to accommodate additional caravan sites, subject to usual council consents.

If you are looking for a "project" and a challenge then this property could be worth further consideration.

Agency reference #: 1671
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Advertiser's details

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

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Expires: Fri 16 Feb, 9:56 am
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