Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Scale and Location!

Palmerston North

Reference: 7439

Business Lease $995,000

Be impressed by the quality of this refurbished 26 unit motel complex located a brief two minute walk from the CBD.

7 studios, 15 one-bedroom & 4 two-bedroom units provide a good mix for corporate and visiting guests. All units have new bathrooms, self-contained new kitchens and ultra-fast broadband.

Other facilities include motel laundry, motel kitchen, squash court and off-street parking for all guests. The residence has 4 bedrooms, spacious living areas and a private yard/garden.

This is an opportunity to purchase a well located motel complex that has the quality and scale to take the business forward and capitalise on the work completed. Early inspection is recommended, motels of this quality are hard to find.
We would welcome your enquiry on the business lease at $995,000 of this motel for sale in Palmerston North via our website or by phoning PETER MCGRATH on 0800 263339, DDI 06 929 7681 or 027 449 1608.

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