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Chanel Court Motel - Leasehold Business for sale

14 Herbert Street, Masterton

Hotels Motels Lodges B&B
dollar

Enquiries Over $300,000 Including GST (if any)

Land area
3700m2
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Business details

Listing # GR5362 | Listed on 6 June

Comfort, Character & Cashflow with a Side of Nostalgia

Location: Prime | Style: Vintage Cool | ROI: Absolutely

Price on Application (Business Lease Only)

Here's your chance to take the reins of the Chanel Court Motel, a vintage beauty with 1920s charm and 21st-century convenience.

This is the leasehold sale of a fully operational, profitable accommodation business-no DIY renos, no dramas, just keys, cashflow, and a whole lot of charm.

Located in a quiet, central spot with loads of off-street parking (rare and glorious), this business caters to short, medium, and long-term guests who appreciate clean rooms, Smart TVs, and free Wi-Fi that actually works.

Accommodation Snapshot:
• 16 self-contained units:

  • 2 x Two-Bedroom
  • 2 x One-Bedroom
  • 12 x Studios (some large, some newly refurbished)
• Daily servicing, ensuite bathrooms, 3 SKY channels, linen, and complimentary tea/coffee/milo included-because caffeine is sacred.


Bonus: Unit 10 is tenanted long-term-reliable income and zero fuss.

Backpacker Wing:
10 private lockable rooms, shared lounge/kitchen/bathroom, SKY TV, Wi-Fi (6am-11pm), weekly servicing. Great for budget travellers or seasonal workers.

Manager's Residence:
• Upstairs: 3 bedrooms, open-plan living, balcony
• Downstairs: 1-bedroom self-contained flat-ideal for staff, extended family, or spontaneous napping
Why You'll Want In:
• Iconic 1920s character with modern comforts
• Loyal repeat guests and multiple income streams
• Run it yourself or install managers and watch the profits roll in
• Ideal for hospitality pros, lifestyle seekers, or anyone with a love of clean sheets and good margins
Enquire today own the lease, run the show, and start living the motel dream (without the drama of a reno show).

Buyer Enquiry Over $300,000
Call Rachel Hao 021 488 280 or Mike 021 166 3010 for more information
or email rachel.hao@harcourts.co.nz and m.aickin@harcourts.co.nz

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