Motel for Sale in Prime Hamilton CBD Location - High Returns, Efficient Operation!
Seize the opportunity to own this centrally located motel in the heart of Hamilton, just a short stroll from the bustling CBD, Skycity Hamilton and popular river trails.
For the past 7 years, this property has been a reliable source of income, offering accommodation on a periodic contract basis with streamlined management by the current owner.
Why Invest?
* Prime Location:Next door to one of the most buzzing restaurants in Hamilton, a number of major eateries are within a 2-minute walk, laundromats and supermarkets are a 2-minute drive away, and a park, children's playground and a green reserve are less than 2 minutes from the property.
* Strong Revenue:9 self-contained units generating approx. $8,500 weekly with an average annual SDE profit of $255,000.
* Lease Secured:Enjoy peace of mind with a lease in place until March 2034.
* Spacious Units:Each room is self-contained, featuring a kitchen, separate living area, and plenty of space for comfort.
* Efficient Operation:Well-established systems, trusted vendors for all jobs and an independent cleaning team ensure smooth and hassle-free management.
* Manager's Apartment:Spacious 3-bedroom apartment with an office, ideal for an owner-operator or as an additional income generator if rented out or added as part of the motel.
* Smooth Handover:Current owners are committed to providing excellent handover support.
This is a rare chance to acquire a profitable business in a sought-after location.
Act fast - all reasonable offers will be considered.
Contact Therese now to find out more!
Therese Bailey, 021 707 641,[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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Timestamp: 20240823041503
