Whakatane, North Island

Eastern BOP - Entry Level Motel - Priced to Sell

Business Lease $350,000

Business Description

Excellent 11-unit motel located on Whakatane's golden motel mile on Domain Road, the main highway into the CBD.

Determinedly priced to sell, this superb entry level motel with indoor heated pool complex plus a lovely very spacious 4-bedroom owners' accommodation, is now surplus to the owner's requirements and instructions are to sell.

Built with solid brick and weatherboard, with approximately 9-years left to run on the lease, the motel has been well maintained, and the owners enjoy tidy profits. Retirement however beckons and it is time for them to move on.

Get in and inspect early and this could be yours. 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 Whakatane via our website or by phoning CHRIS D'ANVERS on ---------- , DDI ---------- or ---------- .

Business Summary

Key Investment Insights

1. Excellent location on Whakatane's main highway, providing high visibility and easy access for guests.
2. Well-maintained and profitable motel with 11 units and an indoor heated pool complex.
3. Spacious 4-bedroom owners' accommodation included.
4. Surplus to owner's requirements, priced to sell.
5. Solid brick and weatherboard construction.
6. Approximately 9 years left on the lease.
7. Retirement of owners is the reason for sale.
8. Confidential details available upon completion of a confidentiality agreement.
9. Information Memorandum available on the website.
10. Enquiries can be made through the website or by contacting Chris D'Anvers via phone.
11. Ideal entry level opportunity for those looking to enter the motel industry.
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