Ad ID: 68309

Prime Freehold Motel for Sale Te Anau

Prime 17 unit Freehold Motel Investment for sale in Te Anau, NZ

Location:
Asking:
$1,799,000
+GST if any

Business for Sale Description

Prime Freehold Motel for Sale Te Anau

The Explorer Motel and Apartments is a great opportunity to purchase a Freehold Investment in the tourist town of Te Anau with experienced Motel Operators in place.

The Rent shows a good return on investment and there is a long Lease in place of 30 years which commenced on 1st October 2012 (6.83% return on current rental at last rent review on 1 October 2017).

The current Manager's have been at Explorer Motel and Apartments for several years, they are experienced motel operators and are driven to achieve a profitable motel business.

The motel is set on a large 4066m2 section of land, amongst beautiful lawns and gardens and offers 16 spacious units comprising Studio Apartments - sleep 2 - 4 persons, 1-bedroom units - sleep up to 6 persons and 2-bedroom spa bath apartments - sleep up to 6 persons

There is also the Manager's residence which is a comfortable home and adjoining office reception area.

Business Resources

Broker's Comments:

This is a great motel freehold investment which seldom come available, good growth assured as the tourism numbers increase year on year.

Call Adrian Chisholm, AREINZ, the specialist Motel Business Broker to discuss this great motel freehold investment opportunity on Cell: 021727888 or Email: adrian@tourismproperties.com

Interested In This Opportunity?

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Tourism Properties.com
For more info
Contact:

Adrian Chisholm

+64 21 727 888
Tourism Properties.com
Licensed REAA 2008
Broker Ref: 35496

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