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