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 this website or direct to DAMON MACKENZIE.
Business Summary
Key Investment Insights
1. Sale comprises the land and buildings of Discovery Motor Lodge Masterton, not necessarily the operating business.
2. A 25-year lease is in place, terminating May 2051, providing long-term income security.
3. Lessee is contractually responsible for rates, insurances, services and utilities, reducing owner operating obligations.
4. Property includes 17 ground-floor, self-contained units, enhancing accessibility and simplifying maintenance.
5. On-site conference room overlooks an outdoor swimming pool, supporting group and corporate bookings.
6. Managers accommodation comprises three bedrooms and two bathrooms, facilitating on-site management.
7. Guest and back-of-house facilities include kitchen, laundry, storage areas and courtyard parking, supporting efficient operations.
8. Location sits in the industrial heart of the region while remaining close to Masterton CBD, offering diversified demand drivers.
9. Masterton is the largest town and business hub of the Wairarapa, located 100 km north-east of Wellington, providing regional catchment and visitor flow.
10. Local appeal includes warm climate, relaxed lifestyle, Queen Elizabeth Park and proximity to vineyards, supporting leisure tourism.
11. Information Memorandum is available from coffeys.co.nz, with additional confidential details accessible under a confidentiality agreement.
12. Some listing data sourced from external registries may be unverified, buyer due diligence is required.
