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Tidy and Very Profitable 12 Unit Complex

West Coast - Address withheld

Hotel Motel Leisure
dollar

$550,000 Plus GST (if any)

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Property details

Listing # WC6711 | Listed on 24 June 2024

An excellent mix of units, with the large land area of 1,834 sqm affording the luxury of being all ground floor. The complex was entirely refurbished throughout 2006 and early 2007 when four new studio units were built at that time.

Three-bedroom accommodation for the operator with a reasonably spacious living area.

The business is prospering, as evidenced by guests' accolades, including consecutive awards from TripAdvisor, Wotif and Hotels.com.

Secured by a long-term registered lease with a fair market rental, should provide good upside for the future.

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 Business Lease of this Motel for sale in Hokitika via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

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