Located on the main road into Opotiki from Whakatane, the motel sits on a large flat 4,904 sqm (more or less) level section, so there is plenty of room for potential expansion here.
This outstanding 13 unit motel is currently run under management has the benefit of extensive renovations recently completed to units 1-6 and the guest/staff kitchen plus laundry, which saw the vendors invest approx. $150K. These rooms are completely remodelled including new kitchenettes, new bathrooms, new flooring throughout and fresh paint to the interiors and new chattels.
The motivated vendors are moving onto a freehold investment, creating an opportunity for someone new to come in and snap up this massively lucrative opportunity.
An outstanding opportunity to one lucky buyer - is this you?
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 Business Lease of this Motel for sale in Opotiki via our website or by phoning CHRIS D'ANVERS on 0800 263339, DDI 09 281 0265 or 021 703 374.
