Ad ID: 103593 Inactive

29-Unit Motel for Sale Bay of Islands

The Winterless North Beckons - New Lease

Business Lease $900,000 Neg.

Why buy this 29-Unit Motel Business

29-Unit Motel for Sale Bay of Islands

This well-established 29-unit motel in the Bay of Islands has undergone progressive upgrades and improvements in recent years.

With good year-round occupancies and great guest reviews, a new 35-year lease is being offered on this property.

The motel has enjoyed successive years of good growth and has enjoyed high occupancies outside of lockdowns during this turbulent period.

Buyers who are interested in establishing a foothold in this tourism hub in the Bay of Islands now have the opportunity of purchasing a new lease on this sizeable motel property.

This one ticks all the boxes! Vendor will consider realistic offers.

The Freehold Going Concern option on this property is also on offer.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

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 the Bay of Islands via our website or by phoning CHRIS WONG on 0800 263339, DDI 09 551 0154 or 021 106 6188.