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

1. Prime location on busy SH1, close to popular tourist attractions and sports grounds.
2. 30 unit motel business with new 35 year lease and stepped rent creates a great investment opportunity.
3. Local stadium development will increase demand for accommodation in the area.
4. Oamaru has a rich history and proud heritage, making it a popular destination for tourists.
5. The Victorian Precinct, Oamaru Blue Penguin Colony, and other attractions offer a variety of experiences for visitors.
6. Confidential details can be disclosed upon completion of a confidentiality agreement.
7. Information Memorandum available on website.
8. Experienced and knowledgeable agent available for enquiries.
9. Potential for growth and expansion in the future.
10. Strong local community and passionate locals add to the charm of the area.
11. Ideal for foodies and nature lovers, with a variety of options for dining and outdoor activities.
12. Well-maintained and established business with a loyal customer base.
13. Proximity to secondary schools makes it a convenient option for families and school groups.
14. Easy access to major highways and transportation hubs.
15. Potential for additional revenue streams, such as event hosting or partnerships with local businesses.
Listing location

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