Whangarei, North Island
Vendor Says Sell Now!
Business Lease $255,000
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
Key Investment Insights
1. Recently and fully refurbished inside and out, presenting turnkey accommodation with modern appeal.
2. Boutique 10-unit motel configuration, enhancing potential for premium nightly rates and repeat business.
3. Clear unit mix of 7 studios, 2 one-bedroom units and 1 two-bedroom apartment, offering diverse guest segments and yield management options.
4. On-site owner's residence, 3 bedrooms and 2 bathrooms, supports live-in management and reduces staffing costs.
5. Low short-to-medium term maintenance requirements, indicating limited immediate capital expenditure.
6. Positioned among the best motel accommodation in Whangarei, implying strong local market competitiveness and destination appeal.
7. Lifestyle-plus-income opportunity, suitable for owner-operator seeking residential convenience with business revenue.
8. Vendor-motivated sale indicated by "Vendor Says Sell Now!", potential for negotiated terms or expedited transaction.
9. Additional details available via an Information Memorandum, with certain information accessible subject to a confidentiality agreement, signalling organised sale documentation and confidentiality controls.
