Waipukurau, North Island
12 Unit Land and Buildings Investment
Land and Buildings $2,350,000
Business Description
Land & Building investment opportunity, an established business in Waipukurau, Central Hawkes Bay.
The 12 unit complex has a mix of studio, one bedroom & two bedroom units, motel laundry, motel kitchen, guest laundry and a private courtyard for parking. The complex was completed in 2003 and sits on approximately 1820 sqm.
Managers accommodation has three bedrooms, double garaging and internal access to reception for the motel operator.
This modern and well-maintained complex is an ideal passive investment - well worth consideration.
Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.
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 Land & Buildings of this Motor Lodge for sale in Hawkes Bay via our website or direct to either DAMON MACKENZIE: ---------- or ---------- or ---------- PETER MCGRATH via SMS ---------- , E: ---------- .
Business Summary
Key Investment Insights
1. 12-unit land and buildings investment comprising a mix of studio, one bedroom and two bedroom units, offering varied accommodation types for revenue diversification.
2. Complex completed in 2003, indicating relatively modern construction and potentially lower immediate capital expenditure on structural items.
3. Sits on approximately 1820 sqm, providing onsite space for parking and potential operational flexibility.
4. Onsite facilities include a motel laundry, guest laundry, and motel kitchen, supporting self-contained operations and reduced outsourcing costs.
5. Private courtyard used for parking improves guest convenience and on-site vehicle capacity.
6. Managers accommodation with three bedrooms, double garaging and internal access to reception facilitates onsite management and operational control.
7. Described as modern and well maintained, positioning it as an ideal passive investment for absentee or hands-off owners.
8. Located in Waipukurau, Central Hawkes Bay, offering regional market exposure and potential demand from local travellers and visitors to Hawkes Bay.
9. Sale comprises land and buildings, indicating an investment in real estate as well as business operations.
10. Some listing information was sourced from third parties and has not been verified, and additional details are confidential and available only after signing a confidentiality agreement.
