Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Highly Profitable FHGC Motel for Sale in Paihia

Paihia

Reference: 0679

Land, Buildings and Business: Price by Negotiation

This exceptional motel takes pride of place at the entrance to Paihia's waterfront strip.

Redeveloped by its owners with discerning travellers in mind, the 15 units are configured to capture a broad spectrum of clientele who seek the best in motel accommodation. With spacious rooms, tastefully outfitted with quality furnishings and decor, this property sets the benchmark for quality motel accommodation in this popular tourist hotspot.

The owners accommodation is generous, with three large bedrooms. It enjoys a very large lounge/living/dining and kitchen area in open plan format opening on to a deck to one side and offering expansive views onto the beach and the bay directly in front.

Built on two levels, the units offer guests wonderful views of the Bay of Islands.

Beautifully manicured lawns and a large saltwater pool in a tropical garden setting add to the property's street appeal. Restaurants, bars and cafes are right next door and the town centre and ferry terminal are a leisurely 10-minute walk from the motel.

This property offers new owners a range of possible options to consider. There are 9 titles to the property all held by the current owners, so unit title ownership, management rights, freehold investment with leasehold interest or an owner/operated property as it is currently, are a few options that come to mind. Possibly added scope for expansion, subject to obtaining the necessary consents.

Properties like this are hard to find and a serious investor will reap the rewards this gem has to offer.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

We would welcome your enquiry on this Land, Buildings & Business of this Motel for sale in Paihia via our website or by phoning CHRIS WONG on 0800 263339, DDI 09 551 0154 or 021 106 6188.

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