City Corporate Motor Inn. Palmerston North. This motel was custom-built in 2009 to provide distinct luxury accommodation for discerning business travellers who know and expect the very best in quality and service. The build quality and fit-out is impressive with fully soundproofed double-glazed rooms from - Lap of Luxury - traveller studios, corporate deluxe rooms, through to Executive Apartments. Further, the owner's residence reflects the quality of the motel, with a fabulous kitchen- dining and lounge area, three large bedrooms plus two bathrooms upstairs and fully double-glazed of course. City Corporate Motor Inn is now on the market for the first time since the current owners started business here in 2010. So now is your opportunity to purchase this freehold going concern, a superb lifestyle business with a difference, just oozing quality! For Sale price by negotiation.
New to the market is this 12-unit motel, a stone's throw from "The Square", Palmerston North. The total land area is 889m2 more or less. It consists of a three-bedroom residence of 186m2 more or less and motel units of 376m2 more or less plus parking for approx 15 cars. Built in the 1980s this is a great opportunity to purchase this freehold property in a superb location on Fitzherbert Avenue, in walking distance to the City Centre with all its amenities, cinemas, theatres and eateries. Indicative net income for the business is in excess of $200k exclusive of GST for 2023 and 2024. Price by Negotiation.
Enjoying a dominant position for quality accommodation in the area with 18 units, a conference suite and a large four-bed residence. On offer here is a superb lifestyle business, in a lovely country town with amenities, more akin to city living. The Park Motel, opposite King Edward Park, is the region's premier quality motel benefiting from an almost monopolistic trading position; customers include personnel and visiting staff to the large Fonterra Plant on the edge of town which employs 800 to 1000 people, visitors to the conference and function centre across the road from the motel, the Egmont A & P Showgrounds, and visitors and staff at Hawera Regional Hospital. The results speak for themselves here with consistent trading results that can be shared with interested parties looking for an exceptional motel business with the benefits of country living in the bustling town of Hawera. For sale price by negotiation.
Refurbishment almost completedFinal fit-out awaiting new tenant - carpets and air-conditioning will be includedFloor area: 610.26m2 (more or less)Seismically strengthened New amenities.Off-street parking onlyWould make a good showroom/retail/office spaceAvailable now call today!!