Tauranga, North Island

Tauranga CBD: Beautifully Presented 19 Unit Motel

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

AI generated. Confirm details with the seller.

1. Established 19 unit motel in a sought after Tauranga CBD location, with convenient access to Mount Maunganui.
2. The property reports impressive financial data and significant repeat business from domestic and international markets.
3. Two conference rooms provide additional facilities for motel guests and conference users.
4. A swimming pool and rigorous refurbishment schedule support guest comfort and property presentation.
5. Exterior painting completed in July 2023 contributes to the motel’s well presented appearance.
6. The generous, well presented three bedroom owners’ residence adds operational convenience and accommodation value.
7. Tauranga’s reported growth and rising Bay of Plenty demand provide a stated platform for future trading opportunities.
8. Suitable for an experienced or aspiring operator, with retirement prompting the vendor’s sale.
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