Tauranga, North Island
Tauranga CBD Executive Lease - 19 Units
Business Lease Price by Negotiation
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.
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 D'ANVERS.
Business Summary
Key Investment Insights
1. 19-unit motel in Tauranga CBD area, offering a compact portfolio size that is manageable for an owner-operator or small management team.
2. Located a short drive from Mount Maunganui, enhancing appeal to leisure travellers and access to popular coastal attractions.
3. Reported impressive financial performance with significant repeat business from domestic guests and usually international markets, indicating established revenue streams.
4. Positioned in Tauranga, New Zealand’s fastest growing city, implying rising regional demand and upside potential.
5. Two conference rooms add a corporate and events revenue stream beyond transient accommodation.
6. On-site swimming pool offers a leisure amenity that supports higher guest satisfaction and competitive positioning.
7. Rigorous refurbishment schedule and exterior repaint completed July 2023, demonstrating proactive capital maintenance and strong presentation.
8. Includes a generous, well-presented three-bedroom owners’ residence, reducing staffing/ownership accommodation costs and enhancing lifestyle appeal.
9. Vendor retiring and motivated to sell, creating a clear change-of-ownership opportunity.
10. Sale process governed by an Information Memorandum and confidentiality agreement, indicating formal due diligence materials are available to serious buyers.
