Ad ID: 99604

26 Unit Motel Complex for Sale Palmerston North

Great Investment - Well Located

Land and Buildings $4,200,000

Business for Sale Description

26 Unit Motel Complex for Sale Palmerston North

A complex with some real horsepower. 26 units including studio\'s, executive studio\'s, one-bedroom suites, two-bedroom suites and a three-bedroom apartment plus well-designed purpose-built conference facilities.

Located handy to Palmerston North CBD in a quiet street, walking distance to cafes and restaurants.
Suites are fitted out to attract corporate guests as well as catering for families and groups. The large land area affords the luxury of having all units on the ground floor and facilities including squash court, gymnasium, guest laundry, motel laundry, motel kitchen and ample off-street parking.

Owner\'s accommodation is a separate standalone three-bedroom (master ensuite) home plus a double garage with internal access to reception.

The property is leased and presents a great opportunity for investors.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Sale of the Land and Buildings of this Motel for sale in Palmerston North via our website or by phoning PETER MCGRATH on 0800 263339, DDI 06 929 7681 or 027 449 1608.

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Coffeys Tourism Property Brokers Ltd
For more info
Contact: Peter McGrath

Peter McGrath

Peter  McGrath
027 449 1608 or 06 929 7681
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: 7108

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