Tauranga, North Island
Tauranga CBD Executive Lease
Business Lease $1,150,000
Business Description
Seldom do successful motels located in the vibrant & very sought after area of Tauranga become available. This 19 unit beautifully presented property near the CBD of Tauranga, presents an excellent opportunity for an experienced or aspiring operator to secure one of the area's finest.
Just a short drive to Mount Maunganui, it comes as no surprise that the motel boasts impressive financial data, and significant repeat business from both the local domestic and usually international markets.
As New Zealand's fastest growing city, demand in the Bay of Plenty region is constantly rising, and this motel is poised to capture any increase. The motel has the added benefit of two conference rooms, the luxury of a swimming pool and a rigorous refurbishment schedule which ensures the comfort of all guests. The exterior was painted in July 2023 and ensures it is presented beautifully.
Add to that a generous & well-presented 3-bedroom owners' residence and you have a motel that will appeal to a wide range of buyers.
With retirement calling the vendor is ready to pass the torch to another lucky motelier.
Don't miss this opportunity, contact me now.
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 Tauranga via our website or by phoning CHRIS D'ANVERS on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Rare opportunity to acquire a successful motel in the highly sought after area of Tauranga CBD.
2. Impressive financial data and significant repeat business from both local and international markets.
3. Located just a short drive from Mount Maunganui, a popular tourist destination.
4. As New Zealand's fastest growing city, demand in the Bay of Plenty region is constantly rising.
5. Motel has two conference rooms, a swimming pool, and a regular refurbishment schedule.
6. Exterior of the motel was recently painted in July 2023, ensuring a well-presented appearance.
7. Includes a spacious and well-maintained 3-bedroom owner's residence.
8. Retirement of the current owner presents an opportunity for a new owner to take over.
9. Confidential details of the listing can be disclosed upon completion of a confidentiality agreement.
10. Information Memorandum available on the website.
11. Enquiries can be made through the website or by contacting Chris D'Anvers via phone or email.
