Introducing a well-established motel for sale in the heart of Havelock North.
This property features 10 studio units, 8 one-bedroom units, and 2 two-bedroom units, complemented by manager’s accommodation, reception, and service rooms. There is a long-term lease in place that runs until January 2042, returning $260,000 plus GST in net pa + GST.
Situated in a fantastic Havelock North location, the motel is set on well-kept grounds with modern, well-maintained buildings that offer a welcoming and comfortable stay for guests. The prime location provides easy access to local attractions, dining, and shopping, making it a popular choice for travelers.
The motel has cultivated a long-standing and loyal customer base, which underpins its strong revenue and robust trading performance.
With its prime location, excellent upkeep, and proven track record, this is a remarkable opportunity to invest in a property that combines location, quality, and a solid customer base.
Contact Danny Blair today for further information.
Features:
* Substantial land holding
* Modern well maintained motel complex
* Strategic Havelock North location
