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. 25-year lease in place ending May 2051, providing long-term income visibility for the land and buildings owner.
2. Lessee responsible for rates, insurances, services and utilities, reducing owner operating exposure and costs.
3. 17 ground-floor, self-contained units, offering scale and straightforward room configuration for consistent occupancy management.
4. On-site conference room overlooking an outdoor swimming pool, supporting corporate bookings and added guest amenity value.
5. Managers accommodation with three bedrooms and two bathrooms, enabling on-site management or staff housing without additional capex.
6. Ancillary facilities include kitchen, laundry, storage areas and courtyard parking, supporting efficient motel operations and guest convenience.
7. Location in the industrial heart of the region while being close to Masterton CBD, combining trade and leisure demand drivers.
8. Masterton is the largest town and business hub of the Wairarapa region, located about 100 km north-east of Wellington, supporting regional visitor and business travel catchments.
9. Proximity to attractions such as Queen Elizabeth Park and nearby vineyards, enhancing leisure tourism appeal.
10. Sale is for land and buildings only, with some listing details confidential and subject to a confidentiality agreement as per the Information Memorandum.
11. Some information sourced from third-party databases may be unverified, buyers should conduct their own due diligence.
