Business

Get in the Race - Paeroa Motel Opportunity

68 Thames Road, Paeroa

Hotels Motels Lodges B&B
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Business details

Listing # 5807276|Listed on 15 September
  • Established motel business | Long term lease
  • Ground-floor accommodation and on-site parking
  • Established corporate, leisure and family guest base
  • Close to Paeroa township, Hauraki Rail Trail and the Coromandel
  • Average occupancy approximately 65-70%


An excellent opportunity to step into an established accommodation business with a long lease, comfortable refurbished rooms and further potential to grow.

Racecourse Motel offers 10 ground-floor accommodation units comprising a mix of studio and family configurations, together with a generous three-bedroom owner/manager's residence, reception, on-site parking and outdoor BBQ area. The accommodation has been refurbished and provides a practical, easy-to-manage operation.

The motel caters to a broad guest mix including corporate travelers, families and visitors exploring the extensive cycle trails and attractions throughout the region.

With average occupancy of approximately 65-70%, the business provides an established trading base while still offering scope for an incoming operator to grow occupancy and revenue further.

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Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Hamilton

Therese Bailey

Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Hamilton
17 active listings

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