Whanganui, North Island

Centrally Located Great Entry Level Opportunity

Business Lease $595,000

Business Description

This is a great opportunity to purchase an entry level motel business.

Centrally located, this motel offers value for money accommodation for business travellers, sports teams, family holiday makers and hospital visitors.

There are six one-bedroom fully self-contained apartment style units and six studio units. All 12 units are spacious and present well. Three units have heat pumps with the balance all with heaters.

Owners' residence has two large bedrooms, open plan living and a private back yard.

There is a guest laundry and a motel laundry.

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 showing a steady occupancy and turnover is good. An affordable 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