Ad ID: 84681

Motel for Sale Oamaru

AAA Thames Court Motel, Oamaru

Location:
Asking:
$610,000

Business for Sale Description

Motel for Sale Oamaru

Reasons to buy

  • 25% return on investment (approx)
  • Highly rated on Trip Advisor
  • Income continues to grow
  • New long term (35 years) lease
  • Majority of units are completely refurbished

AAA Thames Court Motel will suit a buyer new to the motel industry or one that will prefer an easy to manage motel.  The motel offers 10 spacious self-contained units comprising of 4*studios, 3*1 bedroom units and 3*2 bedroom family units.  8 of the units have been completely refurbished with double glazing, new carpets, fully painted and all new bathrooms and kitchens.  

Facilities include guest laundry, off street parking, large private yard with children’s play area. 

The owner's residence is a four-bedroom multi level home with spacious open plan living, dining and kitchen and connected to office/reception.  Secure parking for 2 vehicles.

AAA Thames Court Motel is 4-star rated.  It is also rated #4 out of 18 motels on Trip Advisor in Oamaru.

Situated on Thames Street, State Highway One, the motel is 113km north of Dunedin and close to the town centre, shops, restaurants, cafes, historic precinct and revitalised harbour area. 

Activities in Oamaru

  • Steampunk HQ
  • Historic Precinct that contains NZ's largest collection of Victorian architecture
  • Scotts Craft brewery
  • Blue and Yellow-eyed Penguin colonies
  • Moeraki Boulders (35 minute drive) and visit Fleurs for a coffee or a meal.
  • North of Oamaru is the Waitaki River and lakes for fishing and jet boating
  • Alps 2 Ocean cycle trail
  • Nature and wildlife tours

NZ Tourism

Tourism for NZ is now a major export earner and is experiencing tremendous growth. Visitor arrivals to New Zealand are expected to grow 4.6 per cent a year, reaching 5.1 million visitors in 2024 from 3.7 million in 2017 and total international spend is expected to reach $14.8 billion in 2024, up 40 per cent from 2017. (Source: MBIEMay 2018).  Take the opportunity now to invest in this growth sector!

To find out more, go to www.linkbusiness.co.nz/CS00431 and press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.

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LINK Business Christchurch Ltd
For more info
Contact:

Jono Jarvis

Jono Jarvis
033663394 or 021 177 9760
Anytime
Phone: Jono Jarvis 0336633... or 021 177 9760
LINK Business Christchurch
Licensed REAA 2008
Broker Ref: CS00431

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