Welcome to Tourist Court Motel, a well-established and successful accommodation business located in the heart of Whakatane.
This is the opportunity to acquire the land & buildings freehold investment aspect of a thriving motel with strong repeat clientele, excellent online reviews, and a reputation for genuine Kiwi hospitality.
Whether you're a developer looking to landbank, with a passive return, in one of New Zealand's popular coastal destinations, or an investor looking for strong return on your investment this property offers just that and has the benefit of a relatively short lease (with approximately only seven and a half years left to run.
Property Features
9 self-contained units:
- 4 Studio Units (sleep 1–3)
- 4 One-Bedroom Units (sleep 1–4)
- 1 Two-Bedroom Unit (sleeps up to 7
Flat Land - 1,619 sqm (more or less)
Location Features
- Prominent Central Whakatāne location – walkable to shops, cafes, and restaurants
- Minutes from Ohope Beach, Whakatane Heads, and White Island tour departures
- Easy access to Rotorua, Tauranga, and Gisborne
If you are looking for an outstanding motel investment in the Bay of Plenty, poised for growth, look no further, contact me now.
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 Freehold Investment Land & Buildings of this Motel for sale in Whakatane via our website or direct to CHRIS D'ANVERS, DDI 09 281 0265 or 021 703 374 or cdanvers@coffeys.co.nz.