53 Princes Street, Hawera, North Island

Quality 18 Unit Motel in Prime Location

Business Lease $650,000

Business Description

Great opportunity for astute motel buyers. Centrally located Motor Lodge, built in 2008 offers 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 and 42" LED TV's. The owners 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. 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 are reluctantly selling and 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 by phoning PETER MCGRATH on ---------- , DDI ---------- or ---------- .

Business Summary

Key Investment Insights

1. Centrally located Motor Lodge with 18 luxury suites
2. Built in 2008 with modern amenities including kitchenettes and air conditioning
3. Prime location close to the center of Hawera and within walking distance to shops, restaurants, and supermarket
4. Hawera is a dynamic area with two major industries of Energy and Dairy, providing a steady demand for accommodation
5. Owners have developed a steady repeat corporate business by offering quality accommodation
6. Owners accommodation includes a spacious two-bedroom home and double garage
7. Confidential details can be disclosed upon completion of a confidentiality agreement
8. Information Memorandum available on the website
9. Viewing is recommended by appointment only
10. Potential for further growth and development in the area
11. Ideal for astute motel buyers looking for a well-established business with a strong corporate clientele
12. Opportunity to enter the growing Taranaki region market
13. Contact Peter McGrath for further information and to schedule a viewing.
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