Listing #:5563393684

High Yielding Prime Asset - Great Buying

Location: Waitaki, Otago
This property presents a rare opportunity to acquire a substantial State Highway 1 freehold motel complex in the heart of Oamaru, one of New Zealand's most historically rich and tourism-driven towns.

This motel property offers a strong investment profile with multiple income streams & long-term lease security, on a significant land holding.

These tightly held and easily managed investments don't come along too often, and this one offers above average returns for this asset class.

Long lease with rent supported by registered valuer's report. This is good buying.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

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 and Buildings of this Motel for sale in Oamaru via our website or direct to KELVYN COFFEY on 0800 263339, P: 03 550 0459 M: 027 432 0565 E: kelvyn@coffeys.co.nz.

Agency reference #: OS894
Asking price: $4,700,000
Listed: Wed 8 Oct, 10:40 am
Kelvyn Coffey
Coffeys Tourism Property Brokers Ltd
  • Contact details
  •  (03) 5500459
  •  (027) 4320565

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Agent's details

Kelvyn Coffey
  •  (03) 5500459
  •  (027) 4320565
Coffeys Tourism Property Brokers Ltd
(03) 3669040

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