Paihia, North Island

New 30-Year Lease - BOI - Proven Performer

Business Lease $1,000,000

Business Description

This well-established 29-unit motel continues to outperform its competitors and has maintained its position as the Northland's top performing motel in the 20 to 30-room category.

With good year-round occupancies and great guest reviews, this business comes to the market with an offer of a new 30-year lease and fair rental.

Buyers who are interested in establishing a foothold in this tourism hub in the Bay of Islands now have the opportunity of purchasing this sizeable motel business. The numbers stack up.

New owners will enjoy a solid foundation of clientele comprising domestic and international travellers, tour groups and FIT travellers alongside corporate business.

A solid motel business opportunity in a great location.

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 via this website or direct to CHRIS WONG.

Business Summary

Marketing Agent

Chris Wong

Coffeys

Key Investment Insights

AI generated. Confirm details with the seller.

1. New 30 year lease offered with fair rental, providing long term tenure.
2. Established 29 unit motel ranked as Northland’s top performer in the 20 to 30 room category.
3. Good year round occupancies supported by a diverse clientele of domestic and international travellers, tour groups, FIT travellers and corporate guests.
4. Great guest reviews reinforce the motel’s strong market position.
5. Located in the Bay of Islands tourism hub.