Ad ID: 15152 Inactive

Motel Complex for Sale Picton

Huge Land Area, Big Opportunity

Location:
Asking:
Land Buildings and Business $2,600,000

Business for Sale Description

Motel Complex for Sale Picton

Offered as a freehold going concern, this substantial motel occupies a prime site of 6,365sqm, less than one kilometre from the ferry terminal.

The motels are comprised of 19 units, plus a separate two bedroom residence on its own title. Offered as a freehold going concern, this substantial motel occupies a prime site of 6,365sqm, less than one kilometre from the ferry terminal.

The motels are comprised of 19 units, plus a separate two bedroom residence on its own title. Additionally, the managers residence has five bedrooms and two living areas. Extra revenue is generated from some storage sheds.

The property is on seven titles, which opens up a number of possibilities. The motel operation could be continued without the need to occupy all of the land. The additional land could be developed or sold off to reduce the cost of the motel.

This is an opportunity to acquire a large parcel of land in a prime and strategic location. Existing business offers good returns with the options available to redevelop or refurbish.

We would welcome your enquiry on the Land, Buildings & Business at $2,600,000 of this motel for sale in Picton via this website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

Business Resources

This is an opportunity to acquire a large parcel of land in a prime and strategic location.  Existing business offers good returns with the options available to redevelop or refurbish.  

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