Ad ID: 61122

Accommodation for Sale Upper Hutt

Upper Hutt:  Strategically Located Motel. Business Lease $560,000 or Land, Buildings & Business $2,400,000

Location:
Asking:
$560,000

Business for Sale Description

Accommodation for Sale Upper Hutt

Location is the key with this 15 unit property. It is well positioned to take advantage of the nearby schools (such as St Patricks College, Silverstream), Trentham Race Course and Trentham Military Camp. 

Being only a five minute walk to the train station (40 minutes to Wellington City) or take the car on the motorway.  For those who enjoy park surrounds, simply cross the road to enter the Trentham Memorial Park, which joins onto Barton’s Bush for that evening stroll.

The units are a mix of studios, one-bedroom and two-bedroom suites. 10 units have been completely refurbished (new kitchen, bathroom, paint and carpet).  These newly refurbished rooms are modern, tidy and give great options for the guests.

Business Resources

The three-bedroom manager’s residence is refurbished and has open plan living with a heat pump.  The private back yard is ready for the vegetable garden or the kids to play in.

Here is an affordable business in the Wellington area showing good returns. This rent free option with freehold land and buildings gives purchasers a great opportunity to move in and capitalise on the vendor’s hard work.  Alternatively, prospective buyers can purchase a new lease of the business. This motel is worth consideration.

Interested In This Opportunity?

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Coffeys Tourism Property Brokers Ltd
For more info
Contact:

Peter McGrath

Kelvyn Coffey
0800 263 339 or 027 449 1608
Phone: Peter McGrath or 027 449 1608
Coffeys Tourism Property Brokers Ltd
REAA 2008
Broker Ref: 7810

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