Ad ID: 106128

Motel for Sale Alexandra Otago

Motel Lease Plus Home Equals Lifestyle

Business Lease Offers Over $399,000

Why buy this Motel Business

Motel for Sale Alexandra Otago

An opportunity to purchase a well-established and well run profitable motel lease has now become available. Located in the beautiful Central Otago town of Alexandra.

Alexandra Motor Lodge. Lifestyle choices are varied. You can choose to run the motel yourselves on a day-to-day basis. Ideally suited to a working owner/couple, who want to have the best of both worlds - work in the morning, then walk or go biking or fishing in the afternoon.

Maybe supplement your financial interests with a second income as currently enjoyed by the current lessee. The 200 strawberry plants plus an orchard and wine tours business require more time now away from the motel, so reluctantly they have decided to sell the business and head to their small farm.

A 9 unit complex consisting of various configurations of studios and two-bedroom apartments, supported strongly from regular corporate clients, families and people strolling in off the main street.

The business is currently doing well and is quite profitable. Covid has hardly affected the operation. There are only positive upswings to be had in the future with this business, so a great idea to get in now at a price less than most houses.

Here is your opportunity to buy your home and income, learn the ropes and be ready for the tourism influx when our borders open. Owners\' residence is a 3-bedroom private home of two stories. Reception is attached for easy and convenient running of the business.

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 Alexandra via our website or by phoning DEREK JOHNSON on 0800 263339, DDI 03 927 4277 or 027 240 1285.
For more info
Contact: Derek Johnson

Derek Johnson

Derek Johnson
027 240 1285 or 03 927 4277
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: OS229

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