Listing #:1815517560

Boutique motel in the heart of Russell

Location: 7 and 7A Wellington Street, Russell, Far North, Northland
Property use: Hotel/Leis­ure
Floor area: 626m2
Land area: 2328m2
Price: Asking price $2,950,000
The newly refurbished boutique Duke Motel with a stylish, retro twist holds a 4 star Qualmark rating.
Centrally located in the heart of Russell, it is walking distance to the village where you can enjoy the centre's shops, cafes and restaurants, with only a short stroll to the beach, wharf and boat ramp.
The Duke Motel is perfect for groups, couples and families who want to experience the Bay of Islands and all it has to offer in a relaxed setting.
The motel consists of nine stylish self-contained units in a lovely open setting with two BBQ areas and a seasonal heated outdoor pool. Two extra units are currently being used as owner's accommodation but could also be added to the mix should they be required. All units have modern necessities with kitchenettes, en-suite bathrooms, flat screen TVs Sky TV and air conditioning. The one and two-bedroom units also have large bathrooms with a double spa bath.
There is also an opportunity to further develop.
With the tourism market being strong, land being scarce in the heart of Russell and freehold motels don't come on to the market often, you better be in quick or you'll miss out!

For Sale $2,950,000 + GST (if any)

Agency reference #: 1010114
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Asking price: $2,950,000
7 and 7A Wellington Street, Russell, Far North, Northland
Asking price: $2,950,000
Listed: Fri 17 Aug, 11:25 am
Irene Bremner
Bayleys in the North - Mackys Real Estate Kerikeri, (Licensed: REAA 2008)
  • Contact details
  •  (09) 4028088
  •  (021) 1902090

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Agent's details

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Irene Bremner
Bayleys in the North - Mackys Real Estate Kerikeri, (Licensed: REAA 2008)
(09) 4079221
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Expires: Mon 29 Jul, 11:50 am
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