Positioned in the centre of one of the Wairarapa's most sought-after destinations, Greyfriars Motel presents an opportunity to purchase a premium freehold motel investment with the security of a long-term lease and an established operator.
Occupying a generous 2,377sqm landholding at 138 Main Street, Greytown, this impeccably maintained property comprises 15 stylishly appointed motel units, set amongst beautifully landscaped, park-like grounds.
Renowned for providing quality 4 Star Plus accommodation, Greyfriars Motel has built an outstanding reputation as a preferred destination for both leisure and business travellers.
This is a true passive investment, underpinned by a secure lease extending through to 2049, together with two-yearly rental reviews that provide investors with confidence and long-term income growth. Returning a net annual rental of $140,000, the property offers an attractive opportunity for investors seeking a quality hospitality asset in a tightly held regional market.
Greytown continues to thrive as one of New Zealand's premier boutique destinations, celebrated for its vibrant cafe culture, award-winning wineries, boutique retail stores, heritage character and year-round events. With its close proximity to Wellington and increasing popularity as a tourism and lifestyle destination, demand for quality accommodation in the region remains strong.
Property Highlights
- Prime Wairarapa location in the heart of Greytown
- Premium freehold motel investment
- Long-term lease to an established operator through to 2049
- 15 well-presented motel units on 2,377sqm landholding
- Beautifully maintained park-like grounds
- Net annual rental of $140,000
Adding further appeal, there may also be an opportunity to acquire the motel business in conjunction with the freehold property. Parties interested in purchasing both the land and buildings, along with the operating business, are encouraged to contact the marketing agents for further information.
