Ad ID: 108683

Motel for Sale Fox Glacier West Coast

Motel Investment - Strategic Location

Land and Buildings $1,800,000

Why buy this Motel Business

Motel for Sale Fox Glacier West Coast

This investment is sitting on a strategically located 8,852 sqm site, being one of the closest motels to the town centre.

12 units, good mix, all ground floor, within easy walking distance of the town centre. Plus a separate three bedroom managers\' residence. This is a large parcel of land so close in.

An opportunity to purchase a land & building investment in the accommodation industry in a location very likely to benefit from the impending opening of our borders. These investments offer a number of advantages over other types of commercial and residential property investment. Long secure leases for which the lessee has paid a healthy ingoing price, net rental with most outgoings and expenses paid by the lessee, including rates and insurance.

The business owner has operated this lease for nearly 20 years. Having traded through the challenges presented by Covid 19, we now look forward to the inevitable recovery and the growth that may flow from that.

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 Land and Buildings of this Motel for sale in Fox Glacier via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.
For more info
Contact: Kelvyn Coffey

Kelvyn Coffey

Kelvyn Coffey
027 432 0565 or 03 550 0459
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: WC281

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