Oamaru, South Island
New 35 Yr Lease - 30 Units - Wonderful Opportunity
Business Lease $850,000
Business Description
A substantial motel business situated on the busy SH1 just north of the town centre. Close to Centennial Park Sports Grounds, Oamaru Racecourse and secondary schools.
This 30 unit motel business with new 35 year lease and stepped rent creates a wonderful opportunity.
Local stadium development is almost underway and creating a further need for accommodation in the area.
Oamaru, the largest town of the Waitaki District, has a rich history and proud heritage, enriched by the passionate and perhaps quirky locals.
Tourists love to explore this heritage in the Victorian Precinct. Foodies will love the area and nature lovers can visit the Oamaru Blue Penguin Colony, stroll through the Oamaru Public Gardens, or mountain bike at the Cape or Oamaru Reservoir.
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 Motel for sale in Oamaru via our website or by phoning JOHN CONNELLY on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
Key Insights:
1. Prime location on busy SH1 just north of town center.
2. 30 unit motel business with new 35 year lease and stepped rent.
3. Local stadium development creating further need for accommodation.
4. Oamaru has a rich history and proud heritage, making it a popular tourist destination.
5. Tourist attractions such as the Victorian Precinct, Oamaru Blue Penguin Colony, and Oamaru Public Gardens.
6. Confidential details available upon completion of confidentiality agreement.
7. Information Memorandum available on website.
8. Enquiries can be made through website or by phone.
