Commercial
More from realestate.co.nz:
Agents News

Premium Freehold Investment Opportunity

Freehold/361 Western Hills Drive, Avenues

Hotel Motel Leisure
dollar

POA

Floor area
912m2
Land area
2322m2
Covered park
17
On this page:

Map

Property details

Listing # L32186816 | Listed on 14 January

Invest in the future with the exceptional Freehold land and buildings of Lodge Bordeaux. Positioned in a prime medium-density residential zone, this 2,322-square-metre property is spread across two titles and features a high-performing 15-room luxury motel with superb amenities.

Attractive Return on Investment
The Freehold property delivers a solid 6% yield, based on a robust $290,000 annual income, with rent increases scheduled every two years. The motel is secured by a strong 30-year lease, providing peace of mind and long-term revenue stability

Property Highlights:
• Spacious 3-bedroom motel owner accommodation for additional value
• Desirable location close to city centre, hospital, and key attractions
• Beautifully maintained grounds and modern facilities

Prime Leasehold is available separately: Whether you're looking for a stable, income-generating asset or a long-term growth opportunity, this Freehold property stands out in the market, with the availability to purchase the 30 year leasehold as well. Buy one, the other or buy all. The freehold opportunity offers a robust return on the land, while the Leasehold boasts a steady 85%+ occupancy rate.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration