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Neg. Around $550,000 +GST

Hawera, 53 Princes Street

Listing Number: HX180221
About this listing
Fantastic Lifestyle/Business Opportunity
This outstanding Motel Lease could quite literally give you a new lease on life. Not only does it offer a thriving business but it also includes it's own 5 star accommodation. This immaculate, recently renovated complex was built in 2008, comprising of 18 well-equipped units. These range from beautifully presented Studio and One Bedroom Units to Executive Suites. Situated within the CBD of Hawera, all amenities including supermarket, cafes and restaurants are easy walking distance. The large corporate client base is reflective of the South Taranaki district, which is predominantly driven by the oil and gas and dairy industry. Central Motel is always a welcomed destination after the travelling public enjoys the local beaches, parks and reserves, recreation and events. Often operating to full capacity makes this business a very sensible choice where rewards are reaped almost immediately. With a secure 20-year remaining lease, this niche business rated 9.5 Near Perfect by Trip Advisor, is very competitively priced. Call us today- we have a very motivated vendor eager to consider your offer.
Property Information
  • Land area
    • Yard Square Metres: 0
  • Tenure: Fee Simple
  • Property Type: Tourism / Motel / Hotel
  • Property Features: Building Name: Hawera Central Motor Lodge, Level Number: 2
  • Approx Floor Area
    • Canopy Square Metres: 0
  • Tenancy 1: Commencement Date: 2008-05-19T00:00:00.0000000, Expiry Date: 2037-05-18T00:00:00.0000000, Rental net/gross p.a.: 170,717.00 + GST, Review Dates: 2 yearly, Tenant Name: Morris Charles Springer & Jennifer Maud Springer

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