Kerikeri - Orchard Motel & Accommodation on Kerikeri Road

Description

Located on the corner of Hall Road and Kerikeri Road, only 900 meters from the Kerikeri CBD, now is your opportunity to purchase the freehold going concern of Orchard Motel & Accommodation. This property and business is perfectly positioned with great corner profile and excellent exposure to traffic entering and exiting Kerikeri's busy township! The motel is currently only operating as a motel for 3 units, and the remaining 6 units are rented out as short to medium term, mainly as a workers accommodation. In close vicinity to this property is the popular Old Packhouse Market, Makana Confections boutique shop, the iconic Stone Store and beautiful beaches only 20-minute drive away.

The property consists of 4 separate buildings configured as 8x 1-Bedroom Units, 1x Studio Room, large Reception area, 2½-Bedroom House and a large garage/ shed. The property is well maintained. Facilities on the property include a pool, outdoor barbeque and dining area as well as a playground for the kids. The property is connected to town sewage and has potential to be further intensified.

• Freehold land area: 3,748m² with 4 buildings
• 9 Units
• 2 ½ Bedroom house with a large garage
• Further intensification opportunity
• Prime corner profile with excellent exposure to traffic

For Sale:

$2,490,000 + GST (if any)