Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Opportunity Knocks

Palmerston North

Reference: 9756

Business Lease $1,100,000

This complex has some real horsepower, with 26 units including studio's, one and two bedroom suites, a three-bedroom apartment and well-designed purpose built conference facilities.

Situated in a quiet location just off the main road, quite central to the Palmerston North CBD. With online bookings these days, the reliance on drive-by traffic is much less and people soon discover the convenience of location combined with the tranquil environment.

Presentation is excellent with all suites fitted out to attract the corporate guests as well as catering for families and groups. The large land area affords the luxury of having all units on the ground floor and facilities including squash court, gymnasium, guest laundry, motel laundry, motel kitchen and ample off-street parking.

Owner's accommodation is provided by way of a separate standalone three bedroom (master ensuite) home plus a double garage.

The property has been run under management for some time. This is a great opportunity for new owners to take the controls of an established business that has enormous potential to grow and prosper further.

We would welcome your enquiry on the Sale of this Business Lease at $1,100,000 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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