Masterton, North Island
Discover Accommodation Investment
Land and Buildings $2,820,000
Business Description
Rare to the market is the opportunity to purchase the land and buildings of a motel in Masterton.
With a 25-year lease in place ending May 2051. The lessee pays the rates, insurances, service and utilities. What is not to like about owning a Motor Lodge.
There is plenty to like about the Discovery Motor Lodge Masterton. With 17 ground floor, self-contained units, a conference room overlooking the outdoor swimming pool. The managers accommodation has three bedrooms and two bathrooms. Facilities include kitchen, laundry, storage areas, and courtyard parking.
Discovery Motor Lodge location puts the motel in the middle of the industrial heart of the region but also close to the Masterton CBD.
Masterton is the largest town and business hub of the Wairarapa Region located 100 km northeast of Wellington. Known for its warm climate and relaxed pace, this rural service town features a central business district, popular spots like Queen Elizabeth Park, and easy access to vineyards, making it a vibrant cultural and agricultural hub.
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 on the Land and Buildings of this Motel for sale in Masterton via our website or direct to DAMON MACKENZIE: ---------- or ---------- or ---------- .
Business Summary
Key Investment Insights
1. Freehold sale of land and buildings for Discovery Motor Lodge Masterton, offering property ownership rather than business operations.
2. Secure long-term income through an existing 25-year lease running until May 2051, providing predictable tenancy.
3. Lease structure transfers operating costs to the lessee, with rates, insurances, service and utilities paid by the tenant.
4. 17 ground-floor self-contained units, supporting easy access for guests and simplified maintenance.
5. On-site conference room overlooking an outdoor swimming pool, enhancing appeal to corporate and group bookings.
6. Managers accommodation with three bedrooms and two bathrooms, enabling on-site management or rental flexibility.
7. Ancillary facilities include a commercial kitchen, laundry, storage areas and courtyard parking, reducing immediate capital expenditure for an investor.
8. Location in the industrial heart of Masterton while being close to the CBD, providing diverse demand from business and leisure travellers.
9. Masterton is the largest town and business hub of the Wairarapa region, approximately 100 km northeast of Wellington, offering regional tourism and business catchment.
10. Proximity to local attractions and industries, including Queen Elizabeth Park and nearby vineyards, supporting year-round visitation.
11. Information Memorandum available from the listing agent, with some listing details confidential and requiring a signed confidentiality agreement to access.
12. Certain property and boundary information may be unverified and indicative, buyer due diligence recommended.
