Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Modern Quality Motel With New Long Lease


Reference: 3898

Business Lease $560,000 - Price Reduced By Motivated Vendor

Located in a top location very close to the centre of the vibrant and progressive West Coast town of Hokitika this complex is showing excellent financial results from its 14 spacious, quality units. A real bonus is the substantial five-bedroom owners' residence.

This is an excellent opportunity to be involved in lucrative West Coast tourism by way of a quality motel, which has all the right ingredients for a very good future.

The motel not only holds a commanding location in Fitzherbert Street, the main arterial for vehicles entering the town, but is also the closest motel to the town centre, making it very popular with guests for the short stroll to shops, tourist activities, cafes/restaurants, river and beach.

Nicely designed in Tudor style, the complex is constructed in very low maintenance materials with spacious motel units displaying quality fixtures and fittings throughout.

The West Coast accommodation market is lucrative and this property attracts the full range of staying guests - domestic and international tourists as well as corporate guests.

We would welcome your enquiry on the Business Lease at $560,000 of this Motel for sale in Hokitika via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

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