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Turnkey Accommodation Investment

404 Avenue Road West, Hastings

Hotel Motel Leisure
dollar

Negotiation

Floor area
590m2
Land area
2023m2
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Map

Property details

Listing # 67035248 | Listed on 8 July

Located on a quiet, tree-lined street near central Hastings, this freehold going concern offers a rare chance to acquire a well-maintained motel complex.

The property includes 11 guest units and a separate manager's residence, providing flexibility for owner-operators or investors. The mix includes studio, one-bedroom, and two-bedroom suites with heat pumps. Larger units have full kitchens with gas ovens, while studios offer partial kitchen facilities.

There are 12 onsite car parks, laundry, and inground pool. Set on a generous freehold site, the motel enjoys a fringe CBD location close to Hastings yet peaceful and residential.

Offered with vacant possession, this property is ideal not only for hospitality operators and investors, but also an opportunity to repurpose the site for community-based organisations or health services.


Features:

  • Generous 2,023m² landholding with well-planned internal layout
  • 11 guest units, plus separate managers residence
  • 12 onsite car parks, one for each unit
  • Well-equipped units
  • Vacant possession
  • Convenient fringe CBD location


More information: https://www.colliers.co.nz/p-NZL67035248

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