Ad ID: 54895 Inactive

Motel Freehold Going Concern for Sale Central Otago

Motel freehold going concern for sale now! Easy to manage 5 motel units and lovely 3 bedroom home. Exciting opportunity to build additional motel units and manager's residence in the future.**UPDATE** Latest Rating Valuation CV of $720,000 for house and motel. Price reduced as our Vendor's are motivated to sell as they are looking to retire and hand over to the new operators!

+GST if any - Price Reduced!

Business for Sale Description

Motel Freehold Going Concern for Sale Central Otago

Big motel buying opportunity here for the price!

Motel sale in Central Otago New Zealand - Great Tourism Accommodation Freehold Going Concern Land, Buildings, Chattels, Goodwill and Business where all the hard work done, great owners accommodation, great room configuration and layout to acheive great occupancy yields.

Resource Consent: Resource consent is in place with plans to build an additional 4 motel units and Managers Residence which will lapse on 17 April 2018.

With the strenght of the tourism industry in New Zealand this could be a very appealing option in the furture.

Notice of Rating Valuation as at 1 September 2016 are below:

  • House: $235,000
  • Motel: $485,000

Business Resources

The motel units are fully self-contained, they have been refurbished to a high standard with kitchen facilities and all units have their own covered carports. There is a recreational and barbecue area, outside seating with umbrellas for summer dining, secure lock up available for cyclists and laundry.

Excellent location and only minutes walk to cafes, restaurants, shops etc and a meeting place of two of the most popular Rail Trails.

Central Otago has a good climate with outstanding scenery and offers a fantastic lifestyle.

I invite all interested parties to contact me to discuss this sale now.

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