53 Princes Street, Hawera, North Island
Well Located Quality Motel - 18 Suites
Business Lease $650,000
Business Description
Great opportunity for astute motel buyers.
Centrally located Motor Lodge, built in 2008 and 18 luxury suites comprising 14 studios and 4 one-bedroom apartments.
All suites are equipped with kitchenettes (bench top hobs in the one-bedroom apartments), air conditioning, double glazing and 42" LED TV's. The owner's accommodation is a spacious two-bedroom home plus a double garage.
Prime location very close to the centre of Hawera and easy walking distance to shops, restaurants and supermarket. 4 minutes' drive to the Fonterra factory. 3 minutes' drive to the TSB sports hub. 4 minutes' drive to the Hawera Hospital.
Hawera is the hub of the very dynamic area of South Taranaki with all the facilities you expect in a well-established rural town, particularly in the Taranaki region, with two major industries of Energy and Dairy that require accommodation.
Our current owners have developed a steady repeat corporate business by offering quality accommodation. Viewing is recommended, by appointment only.
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 Business Lease of this Motor Lodge for sale in Hawera via our website or direct to either DAMON MACKENZIE: ---------- or ---------- or ---------- PETER MCGRATH via SMS ---------- , E: ---------- .
Business Summary
Key Investment Insights
1. 18-suite motor lodge offering 14 studio suites and 4 one-bedroom apartments, positioned as luxury accommodation.
2. Built in 2008, indicating relatively modern construction and likely lower short-term capital expenditure.
3. All suites feature kitchenettes, air conditioning, double glazing and 42" LED TVs, one-bedroom apartments include bench top hobs; consistent in-room amenities suitable for extended stays.
4. Owner’s accommodation is a spacious two-bedroom house with a double garage, providing on-site residency and storage/parking flexibility.
5. Centrally located in Hawera, within easy walking distance to shops, restaurants and the supermarket, enhancing guest convenience and walk-in trade potential.
6. Very short drive times to key local demand generators, including 4 minutes to the Fonterra factory, 3 minutes to the TSB sports hub, and 4 minutes to Hawera Hospital.
7. Hawera is the service hub of South Taranaki, an established rural town in the Taranaki region, supporting stable demand from surrounding communities.
8. Local economy includes two major industries, Energy and Dairy, creating ongoing corporate accommodation demand.
9. Current owners have developed a steady repeat corporate client base by offering quality accommodation, evidencing recurrent revenue potential.
10. Sale process requires a confidentiality agreement and viewing is by appointment, indicating an organised, brokered sale with an Information Memorandum available.
