Located in the heart of Northland, Whangarei is a key commercial centre and an important stopover for travellers in route to the Bay of Islands and the Far North.
This well-presented motel enjoys a quiet yet central location within Whangarei city, approximately 15 minutes’ drive from both Whangarei Hospital and the airport - making it a convenient choice for a wide range of guests’ requirements.
The business has built a strong reputation for its peaceful atmosphere, cleanliness, comfort, and friendly service, resulting in a loyal base of repeat customers.
The motel comprises 12 well-appointed guest units in a variety of configurations, including studio, one-bedroom, two-bedroom, and three-bedroom options. In addition, there is a spacious three-bedroom owner’s accommodation located upstairs.
A secure lease is in place with approximately 12 years remaining, with a further 10-year extension available, providing a total of up to 22 years to operate the business.
The vendor is highly motivated and seeking an urgent sale due to other commitments, presenting an excellent opportunity for an astute buyer.
KEY FEATURES:
- Quiet, central Whangarei location
- 12 guest units plus a three-bedroom owner’s accommodation
- Strong repeat customer base
- Long, secure lease with extension option
- Motivated vendor – priced to sell
- Price $450,000 plus GST (if any), negotiable
Interested purchasers are required to sign a Confidentiality Agreement prior to receiving detailed financial and lease information.
For further details or to arrange a viewing, please contact Chris Park of Barfoot & Thompson North Shore Commercial, email to c.park@barfoot.co.nz and text to 021 273 3400.
