Opotiki, North Island

Eastern Bay of Plenty Motel Lease

Business Lease $950,000

Business Description

Recent extensive refurbishment has been carried out on this smart and very profitable 18-unit complex.

A good mix of studios, one-bedroom suites and two-bedroom apartments cater well for the regular base of returning corporate clients and holiday makers. All units are ground floor & airconditioned, some with spa baths and full cooking facilities.

The motel features a very nicely presented spacious owners air conditioned three-bedroom two-bathroom home with great storage and a lockup garage. Bring the pets with a secure fenced courtyard, this is ideal.

It is a pleasure to find such a well-presented motel that shows excellent profit, a very good approx. 21-year lease, and beautifully maintained generous owners' accommodation.

Backed up with a sound financial history we are advised without reliance on emergency housing customers, the very steady and loyal corporate following that continue to use the motel as their home on a consistent & regular basis, coupled with extensive developments including a new port for Opotiki, and little to no competition will ensure the new owners success continues.

Call us so we can discuss your next move.

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 Opotiki via our website or by phoning CHRIS D'ANVERS on ---------- , DDI ---------- or ---------- .

Business Summary