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Price Reflects An Amazing Opportunity

Greymouth, 50 High Street

$290,000 Plus GST (if any)

Listing Number: GM7010
About this listing
With the large current influx of tourist numbers and the very healthy forward booking projections for New Zealand this Motel Lease is not one to be ignored!
Right in the very heart of Greymouth township on the main road its location and profile is arguably second to none. Very close walking distance to hotels, restaurants, supermarket, modern sporting and swimming facilities and just two minutes drive to the central commercial shopping area this property is a must for anyone looking to get into the accommodation sector. There are 13 renovated units in total showing very good occupancy and turnover. Confidential financials and lease documents are readily available by calling the listing agent.
Property Information
  • Legal Name: Linbar Holdings Limited
  • Business Name: Aachen Place Motel
  • Business description: Motels
  • Leased plant: Room Televisions on lease to own - approx 2 years remain
  • Property Type: Accommodation
  • Carparks: 15
  • Turnover $: Turnover: $337,704, excl GST, Per: 2017
  • Lease details
    • Rent $: Rent: $94,167, excl GST
    • Start: 06/12/2002
    • To: 05/12/2032
    • Reviews: 2 yearly
  • Number of staff
    • Part time: 2 (cleaning & minder )

Contact Details

Property Location

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