This gold nugget is a luxurious 14-unit motel in a good location handy to the centre of Hokitika, on the West Coast of the South Island of New Zealand.
This motel has been thoughtfully designed with attractive painted tilt-slab walls and coloursteel roofing. It opened for business in 2018.
There are currently 13 studio apartments, and two x 2-bedroom units. It is anticipated that a Purchaser will choose to reside in either a 2-bedroom apartment, or a studio, taking one unit out of the letting pool, leaving 14 units to operate. The units are all very spacious and well furnished, with lovely use of recycled native timbers for some of the furniture, heat pumps in every unit, decorated with beautiful local photographs, and containing splittable king beds, providing flexibility for a range of guest types. The motel can cater for tourist groups, and offers meals for those guests, which are prepared in an area fitted with commercial kitchen facilities.
Although now just over 5 years old, the motel has been fastidiously maintained, providing a very well-presented operation. This is a great opportunity for a Purchaser wanting to get into the motel industry, only brought about because the Vendors are seeking semi-retirement. They will be pleased to assist a new owner in the operation of the business, and may be prepared to stay on for an extended time (by negotiation).
Although this offering is for the business, the Vendors may consider selling the freehold interest separately. Please enquire with the Broker if this option appeals to you.
Here's the chance to obtain a very special well-presented motel business in a great location - enquire now!!
