Ad ID: 59661 Inactive

motel & properties for Sale Gisborne

Motel with additional properties, Freehold Going Concern is for sale. Motel business performing well.

Location:
Asking:
$2,500,000

Business for Sale Description

motel & properties for Sale Gisborne

Great investor and developer opportunity - Motel and additional properties - Freehold Going Concern for sale now!

This is not just a purchase of a Motel Freehold going concern but is an investment of accommodation with a potential increase in revenues by expansion and building development.

The motel which is set on 2.5 acres of gardens features 17 apartment separated into 3 buildings consisting of 8 one bedroom apartments and 9 studio units all of which are fully air-conditioned and have full kitchens and bathrooms. * Solar Heated Swimming pool * Children’s Playground * Guest Laundry * Barbeque area * Ample parking for Guest cars, Large Vehicles and Buses * Reception Building with New Conference/Dining Room * 5 bedrooms Owner/Manager accommodation.

The Motel has its own Laundry building with Gas dryer and washing machines The motel business is performing very well, showing excellent year-round occupancy. One of the more competitive motels showing financial records and a continuous upward growth pattern. With Visitors to New Zealand on the increase motels are a good investment - as this one will prove to be.

The motel has a great diverse Market of Tourism and regular corporate travellers meaning good all year-round trade.

 

Business Resources

 

Whats for sale and whats to develop The property and business of the motel in Gisborne is for sale as a freehold going concern and included in the sale are the bordering properties.

There are also great opportunities to develop the vacant land at the back of the motel grounds for an addition of motel rooms or separate apartments.

Please don't hesitate to contact me for comprehensive property listing details.

 

 

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