Ad ID: 60368 Inactive

Accommodation for Sale Petone Lower Hutt

Hard to Find Lease Opportunity in Petone

Business Lease $680,000

Business for Sale Description

Accommodation for Sale Petone Lower Hutt

This property is conveniently located in Petone with easy access to road and rail services or a short drive to Wellington CBD. A short walk allows guests to enjoy the beachfront location, a myriad of restaurants, bars and leisure activities.

The complex has 15 units on a large corner site, affording the luxury of them being all ground floor and providing guests with easy access and parking. A good unit mix at a conservative tariff, results in high and consistent occupancy rates.

The owner\'s accommodation is a spacious ground floor three-bedroom home which has a good outlook over the complex.

Wellington has always enjoyed good occupancy and revenue in its accommodation businesses and this is an excellent example of that. For this reason, Wellington motels are often sought after and so an early enquiry is recommended.

We would welcome your enquiry on the Business Lease at $680,000 of this Motor Lodge for sale in Lower Hutt via our website or by phoning PETER MCGRATH on 0800 263339, DDI 06 929 7681 or 027 449 1608.

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