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The Matador Motel is now available!

Carterton, 187 High Street, North

Price by Negotiation over $1,289,000 Plus GST (if any)

Listing Number: MS191003
About this listing
Situated close to the center of the rapidly expanding town of Carterton -in the heart of the Wairarapa is the ONLY motel in this thriving town.

The Matador Motel with 10 recently renovated units is perfectly situated for the growing numbers of visitors to the Wairarapa.

Events such as Wings over the Wairarapa, the Balloon festival and numerous food and jazz events at the nearby wineries virtually guarantee a strong occupancy.

Included is a cooling swimming pool, ample parking and a spacious owners house.

Available as a freehold and business sale, this represents a unique opportunity for new owners to add to its strong customer base and enjoy a great lifestyle whilst at the same time growing the business and income.

With the freehold being sold along with the business the new owners are insulated from rising lease costs and this presents an opportunity to sell the business lease in the future and maintain an income from the property.

Motels in the Wairarapa are hot property!

Call Rachel for further information and/or to arrange a private viewing.
Property Information
  • Approx Floor Area: 490 sqm
  • Land Size: 2722 sqm
  • Property Type: Tourism / Motel / Hotel
  • Property Features: Building Name: Matador Motel
  • Tenure: Fee Simple

Contact Details

Property Location

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