Whanganui, North Island
Corporate Motel Near CBD
Business Lease $900,000
Business Description
This is a great opportunity to purchase a lease motel business. Centrally located, this motel offers value for money with executive accommodation for business travellers, sports teams & family holiday makers.
There are five one-bedroom fully self-contained apartment style units and eleven studio units. All 16 units have been upgraded and have air conditioning. The residence has three bedrooms and two bathrooms.
Whanganui is well documented in the history of New Zealand. It is scenically spectacular with a major river and coastline as well as being the hub for national and international sporting events. The city boasts more sports facilities per head than any other region and proudly hosts the Masters Games.
This Motel is in a great location and has shown steady occupancy and turnover. The vendor will consider vendor finance assistance to approved parties; this is an opportunity not to be missed.
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 Whanganui via our website or by phoning PETER MCGRATH on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Opportunity to purchase a lease motel business
2. Centrally located near CBD
3. Offers value for money with executive accommodation for business travellers, sports teams, and family holiday makers
4. 16 units, including five one-bedroom fully self-contained apartment style units and eleven studio units
5. All units have been upgraded and have air conditioning
6. Residence with three bedrooms and two bathrooms
7. Located in Whanganui, a historically significant and scenically spectacular region in New Zealand
8. Hub for national and international sporting events
9. Boasts more sports facilities per head than any other region
10. Proud host of the Masters Games
11. Steady occupancy and turnover
12. Vendor may consider vendor finance assistance to approved parties
13. Confidential details can only be disclosed upon completion of a confidentiality agreement
14. Information Memorandum available on the website
15. Enquiries can be made via the website or by phone to Peter McGrath
16. DDI and phone numbers provided for easy contact.
