How would you like to own a Freehold Motel providing consistent returns?
The Park is located on a large site and comprises 18 spacious units, a motel kitchen and meeting room, plus a 2-storey,4-bedroom proprietor's homewith garage.
Located in Taranaki, the developer of this fine establishment has developed an impressive portfolio of bespoke properties throughout the region, cultivating an impeccable reputation in the accommodation industry.
Freehold Features:
* 18 units & owner accommodation
* Strong lease & lessee operators
* Landlord enjoys Net Rental
* 4-Star establishment
* High-profile location
The motel is located in a high-profile area on the "motel mile," with great visibility and heavy foot traffic. A strong lease is in place with reliable lessee business operators, who are also responsible for the operating expenses, utilities, building insurance, and maintenance.
As the new landlord of this incredible opportunity, you will enjoy net rental and a hassle-free investment!
Opportunities like this seldom come to market, enquire while you can!
Lindsay Sandes, 021 895 940,[email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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Ref: EL03538
Timestamp: 20240522124504