Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Hard to Find Motel Freehold Investment


Reference: 0447

Land and Buildings $1,150,000

Located within walking distance of Whangarei City Centre this motel has a long lease in place (expires in 2043) and two yearly rental reviews.

The property has 10 units, which include 5 x standard studio units, 1 x large studio unit, 3 x 1-bedroom units and 1 x 2-bedroom unit, and caters to a good mix of clientele.

Located above the office the owner's residence has two full size bedrooms and a smaller bedroom with comfortable living space.

We would welcome your enquiry on this Land & Buildings Investment at $1.15m for sale in Whangarei via our website or by phoning CHRIS WONG on 0800 263339, DDI 09 551 0154 or 021 106 6188.

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