Palmerston North, North Island

Great Location 16 Unit Motel

Business Lease $950,000

Business Description

Located close to the hospital and airport, this 16-unit motel is affordable with good growth potential.

12 studios, 2 one-bedroom & 2 two-bedroom suites offer guests an excellent selection. All units are on the ground floor, have air conditioning and have been redecorated.

Parking outside units, motel laundry, in-ground swimming pool and guest laundry.

Spacious double glazed owners residence with three bedrooms, two bathrooms and private courtyard.

Priced to sell this is a great opportunity to purchase a well-located business in a busy city.

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 Palmerston North via our website or by phoning PETER MCGRATH on ---------- , DDI ---------- or ---------- .

Business Summary

Key Investment Insights

1. Affordable motel with good growth potential
2. Located close to hospital and airport
3. 16 units including studios, one-bedroom, and two-bedroom suites
4. All units on ground floor with air conditioning and recently redecorated
5. Parking outside units
6. Motel laundry and guest laundry available
7. In-ground swimming pool for guests
8. Spacious double glazed owner's residence with three bedrooms, two bathrooms, and private courtyard
9. Priced to sell
10. Confidential details available upon completion of confidentiality agreement
11. Information memorandum available on website
12. Well-located in a busy city
13. Business lease opportunity
14. Enquiries welcome via website or phone
15. Contact person: Peter McGrath
16. Confidential details can be obtained by contacting Peter McGrath directly
17. DDI and mobile numbers provided for easy contact
18. Great opportunity for a motivated buyer
19. Potential for further growth and expansion
20. Established and reputable business with a strong customer base.
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