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 direct to PETER MCGRATH via SMS ---------- , E: ---------- .
Business Summary
Key Investment Insights
1. Centrally located motel, positioned for convenience to town amenities and visitors.
2. Marketed as an entry level investment, suitable for first‑time motel owners or small investors.
3. Accommodation mix of 12 units, comprising six one‑bedroom fully self‑contained apartment style units and six studio units.
4. All 12 units are described as spacious and presenting well, supporting guest comfort and appeal.
5. Heating mix includes three units with heat pumps and the remainder with heaters, indicating partial modern climate control.
6. Property includes an owners' residence with two large bedrooms, open plan living and a private backyard, supporting on‑site management.
7. On‑site guest laundry and separate motel laundry, facilitating operational efficiency and guest convenience.
8. Whanganui location offers scenic attractions with a major river and coastline, enhancing tourism appeal.
9. Region is a national and international sporting hub, hosts the Masters Games and offers high sports facility density, supporting group and event bookings.
10. Listing states steady occupancy and good turnover, indicating stable trading performance.
11. Presented as an affordable opportunity, highlighting potential value for money acquisition.
12. Some listing details are confidential and available only after signing a confidentiality agreement, with enquiries and business lease interest to be directed via the website or to Peter McGrath.
