Business

Freehold going concern Motel investment

119 Cornwall Street, Masterton

Hotels Motels Lodges B&B
dollar

$2,850,000 Plus GST (if any)

Land area
4162m²
Title type
Freehold

Map

Business details

Listing # 1781617|Listed on 28 September
  • Selling the land Building business & chattels
  • 4,162sqm (more or less) over two titles
  • Registered lease already in place supports a business sale
  • 2.4km (approximately) to central Masterton
  • Rated 4.4 out of 5 stars from more than 171 guest reviews on Trip Advisor

Located in the thriving Wairarapa region, U Studios Masterton presents an opportunity to acquire a quality freehold going concern motel with proven trading performance and future growth potential. The offering includes the land, buildings, accommodation business and chattels, providing a complete hospitality investment.

The property features 10 refurbished motel units, an additional four-bedroom villa, swimming pool, BBQ area, guest amenities and ample on-site parking. Well positioned close to Masterton's CBD and key transport routes, the motel attracts a broad mix of corporate, contractor and leisure guests.

A completed two-lot subdivision provides added flexibility and potential upside, while the property's affiliation with SureStay Collection by BWH Hotels delivers access to international distribution channels and loyalty programmes.

Offering a strong regional trading platform, excellent presentation and established market presence, U Studios Masterton will appeal to investors and owner-operators seeking a quality accommodation business in one of New Zealand's growing provincial centres.

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Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial

Wayne Keene

Licensee Salesperson | Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial
16 active listings

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