Whanganui, North Island
Price Updated to Meet the Market – Act Now!
Business Lease $470,000 Offers Over
Business Description
Entry Level Motel – Home & Income Opportunity.
An excellent opportunity to purchase an affordable entry level motel and enjoy a true home and income lifestyle.
Centrally located, this well-presented motel provides great value accommodation for business travellers, hospital visitors, sports teams, families, and holidaymakers. Positioned close to Whanganui Hospital and the city's industrial heart, it benefits from steady demand and good turnover.
The motel comprises 12 spacious units:
- Six one bedroom, fully self-contained units
- Six studio units
All units present well and are well equipped, with three featuring heat pumps and the balance heated for year-round comfort.
The owner's residence includes two large bedrooms, open plan living, and a private backyard, offering comfortable on-site living.
Guest facilities include both a guest laundry and a separate motel laundry.
Whanganui is a vibrant regional centre with a rich history, stunning river and coastal setting, major sporting events, and a thriving arts and cultural scene.
This is a well located, easy to manage motel showing consistent occupancy and performance. A genuine opportunity not to be missed.
An Information Memorandum is available to download from our website coffeys.co.nz.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.
Offer Over $470,000 - for further information contact Damon Mackenzie.
Business Summary
Key Investment Insights
1. Price updated to meet the market, offer over $470,000.
2. Entry-level motel presenting a clear home and income opportunity with on-site owner accommodation.
3. 12 spacious units in total, comprising six one‑bedroom fully self-contained units and six studio units.
4. Units present well and are well equipped, with three featuring heat pumps and the remainder heated for year‑round comfort.
5. Owner's residence offers two large bedrooms, open plan living and a private backyard, enabling comfortable on-site living.
6. Guest laundry plus a separate motel laundry improve operational efficiency and guest service.
7. Centrally located close to Whanganui Hospital and the city’s industrial heart, supporting steady demand from hospital visitors and business travellers.
8. Diverse customer base including business travellers, hospital visitors, sports teams, families and holidaymakers, enhancing occupancy resilience.
9. Described as well located and easy to manage, showing consistent occupancy and performance.
10. Whanganui’s regional attractions, river and coastal setting, sporting events and arts scene provide ongoing tourism support.
11. Information Memorandum available for download from coffeys.co.nz, with some details conditional on signing a confidentiality agreement.
