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FIRST AND LAST OPPORTUNITY FOR MOTEL BUSINESS
Price | $1,500,000 Plus GST (if any) |
Location | |
Type | Hotels Motels Lodges B&B |
Floor Area | 1457 m2 |
Land | m2 |
Listing No # | 4045018 |
Listed | 13/08/2024 |
Views | 73 |
Description
Presenting an exceptional opportunity to acquire a well-established motel business situated in the heart of Albany on the North Shore.
This property boasts 29 self-contained guest units plus an additional one-bedroom managers unit making it an ideal business investment for those looking to own and operate a successful hospitality venture.
The motel is fully equipped with modern amenities designed to ensure guest satisfaction and operational efficiency. Facilities include a conference room, ample parking and a self-laundry system. Each guest room is outfitted with air-conditioning/heat pumps, wide-screen smart TVs, fully-equipped kitchens, bathrooms, and furniture.
This motel has been built and operated by the owner since 2009 and the owner is seeking to transition from active management to a landlord role. The sale includes new lease terms of 30 years and vendor financing may be considered based on the offer and the buyers financial standing.
Prospective buyers are invited to arrange an inspection by appointment only, which will be coordinated by the agent. To receive further details, interested parties must first sign a Confidentiality Agreement.
For further details or viewings, please contact the listing agent Chris Park at c.park@barfoot.co.nz or on 021 273 3400.
This is a unique chance to take over a thriving business with a solid reputation in a prime location and do not miss the rare opportunity.
Contact our agent
Barfoot & Thompson Ltd (Licensed: REAA 2008) - North Shore
Auckland , 0622