Whangarei, North Island

Further Price Reduction - Vendor Says Sell Now!

Business Lease $235,000

Business Description

Totally refurbished inside and out, this transformed 10-unit boutique motel now sits amongst the best motel accommodation available in Whangarei.

Low short-to-medium term maintenance requirements add to a solid foundation from which a new owner can take on this business.

7 studios, 2 one-bedroom units and 1 two-bedroom apartment alongside a comfortable 3-bedroom, 2-bathroom owner's accommodation makes this a great lifestyle with income opportunity.

This is definitely worth consideration. Don't delay – call today.

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.

We would welcome your enquiry via this website or direct to CHRIS WONG ---------- .

Business Summary

Marketing Agent

Chris Wong

Coffeys

Key Investment Insights

AI generated. Confirm details with the seller.

1. Recently refurbished inside and out, positioning this 10 unit boutique motel among Whangarei’s best accommodation options.
2. The property comprises seven studios, two one bedroom units and one two bedroom apartment.
3. Comfortable three bedroom, two bathroom owner’s accommodation supports a lifestyle with income opportunity.
4. Low short to medium term maintenance requirements provide a solid operational foundation for a new owner.
5. The transformed boutique motel offers a refreshed asset in Whangarei’s accommodation market.
6. A reduced asking price and vendor’s stated desire to sell now may support timely buyer consideration.