Ad ID: 68136

Motel for Sale Tokoroa

Superb Clifton Court Motel Freehold Investment in Tokoroa

Location:
Asking:
$3,995,000
+GST if any

Business for Sale Description

Motel for Sale Tokoroa

Clifton Court Motel is frankly amazing!

After 37 years in family ownership, the motel has undergone a four-year transformation that must be seen to be believed. This is not just a superficial redecoration: the motel has been gutted, back to its very solid bones, then completely rebuilt to the highest standards.

At the same time, the owners have been careful to future-proof the property, with features including solar electricity, electric vehicle charging points, LED lighting, on-demand gas hot water, the fastest available broadband, USB chargers, Apple TV and Netflix throughout…

The result has been rewarding: turnover is increasing year on year and the motel rates 4.5 stars on Trip Advisor 2017.

Business Resources

Clifton Court sits on 5,134 m2 on State Highway 1.

The motel comprises 18 ground floor units in flexible layout: 5 studios; 9 one-bedroom units; 3 two-bedroom units; and 1 one-bedroom executive suite. Plus “unit 19” adjacent to reception, a one- bedroom unit available for motel minders, or as overflow when the motel is full. Concept plans have been drawn up for 6 further studio units and these will be included in the sale.

Beside the stylish reception area is the separate motel kitchen. Upstairs is a spacious, four-bedroom owners’ home.

There’s a guest laundry, massive motel laundry, plant room, huge parking, excellent signage, security cameras and more. The chattels throughout are contemporary and stylish, the plant and equipment comprehensive.

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For more info
Contact:

Malcolm Teesdale

+64 27 530 8738
Tourism Properties.com
Licensed REAA 2008
Broker Ref: 56289

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