Gore, South Island
Motel Investment, Rural Service Heart that is Gore
Land and Buildings $1,990,000
Business Description
This motel listing offers a rare opportunity to acquire the investment of land and buildings in an established accommodation business in a strong performing regional town.
Located in the welcoming Southland town of Gore, Gore is the rural service heart of Eastern Southland, centred on a productive farming economy with strong dairy, sheep, beef, meat processing, retail and support-service sectors. The district promotes "Rural City Living" aiming to grow population and make Gore a strong place to live, work and do business.
Recent economic reporting shows recovery, with GDP growth supported by dairy returns, improving employment, construction activity and steady local spending.
Combining location, capacity, facilities, the motel comprises 12 units, including studios, one and two-bedroom layouts, catering to travellers, families, groups and event visitors, with capacity for up to 54 guests per night. Guests benefit from a quiet setting away from the main road, parking and camera surveillance. The generous owners' residence includes three bedrooms and garaging for up to three cars. The motel enjoys a prime location within walking distance of the town centre, cafes, bars, pubs.
Purchasers may also consider the Freehold Going Concern, with the business lease available with the land and buildings, exclusively through Coffeys.
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. Any boundary lines shown on an image are indicative only.
An Information Memorandum is available to download from our website coffeys.co.nz.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.
We would welcome your enquiry via this website or direct to DEREK JOHNSON.
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Established accommodation investment comprising land and buildings in Gore, a strong performing regional town.
2. Twelve units offer studios, one bedroom and two bedroom layouts, accommodating up to 54 guests nightly.
3. Quiet setting away from the main road, with guest parking and camera surveillance.
4. Three bedroom owners’ residence includes garaging for up to three cars.
5. Walking distance to Gore’s town centre, cafes, bars and pubs.
6. Gore serves Eastern Southland’s productive farming economy and diverse rural service sectors.
7. Potential acquisition structures include the freehold going concern or business lease with the land and buildings.
8. Accommodation configuration caters for travellers, families, groups and event visitors.
