Listing #:5292554905

Freehold Investment Opportunity with Options

Location: Far North, Northland
This 20-unit Motel with 3-bedroom owner's accommodation sits on a 5,270 sqm block of land in an unrivalled location just minutes from the beach and town centre.

Offering plenty of promise, the land & buildings are offered for sale.

Current lease term has 23 years remaining. A new lessee takes over the business in early June 2025.

Some capital injection is required to enhance the property’s true earning potential for the longer term.

A great opportunity for a new landlord to team up with a new lessee to stamp their mark on the Bay of Islands tourism scene!

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land & Buildings of this Motel for sale in Paihia via our website or by phoning CHRIS WONG on 0800 263339, DDI 09 551 0154 or 021 106 6188.

Agency reference #: AN802
Asking price: $2,800,000
Listed: Tue 29 Apr, 4:30 pm
Chris Wong
Coffeys Tourism Property Brokers Ltd
  • Contact details
  •  (09) 5510154
  •  (021) 1066188

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Agent's details

Chris Wong
  •  (09) 5510154
  •  (021) 1066188
Coffeys Tourism Property Brokers Ltd
(03) 3669040

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