Listing #:4114013291

Opportunity of a Lifetime

Location: Grey, West Coast
When it comes to Motel operations, location is absolutely quintessential and this property offers that in Spades. Here is an opportunity to own a outstanding operational lease of an 18 unit motel, 2 family units and 16 studios of varying configurations providing excellent financial returns from 80% corporate and 20% general occupancy .
The current owners of the lease have operated for the past 7 years and are only selling due to a required move to Australia.
No expense has been spared on the properties maintenance delivering a product that sees its custom returning time and time again and there will be an additional $16,000.00 left in the business which is left for any ongoing bathroom and general maintenance required.
The managers or owners quarters is a very well presented 3 double bedroom all with built in wardrobes and two bathrooms. The upstairs master has an en suite and there is a 3rd toilet on the ground floor. Very ample open plan living, dinning and kitchen also on the ground floor flows to the private courtyard for BBQs.
Prospective buyers of the lease are going to find exceptional forward bookings making this, what should be, a very sound investment for anyone's future.
I invite all interested prospective purchasers to contact me in registering your interest or for any additional information including financials.

Agency reference #: GM9100
Asking price: $700,000
Listed: Wed 3 May, 10:50 am
Lindsay Sinnott AREINZ
Harcourts West Coast
  • Contact details
  •  (021) 768675

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Agent's details

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Lindsay Sinnott AREINZ
Harcourts West Coast
(03) 7689839

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