Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Premium Central Location Superb Complex

Whakatane

Reference: 9762

Business Lease $1,195,000

This business has continued to grow, with considerable improvements over the past few years. Recently painted, beds replaced, new carpets and floor covering, new air conditioning unit, new 18kg washing machine, new linen and plenty more. An extra-long 45 year lease ads hugely to the appeal and value of this motel business.

This high-quality property provides accommodation to government departments, international travellers, those heading for the White Island experience, staying for a private romantic weekend or a group booking looking for the best.

There are 28 units; 10 deluxe studio suites, 10 executive spa studio suites, 2 super king suites and 6 one-bedroom suites, to cater for all travellers. The conference room caters for up to 50 seated with full conference facilities. The Italian style pizza wine bar operates during the summer months or by booking request to provide onsite catering.

The town centre is on your doorstep, or an easy drive to Ohope (only 6kms) or to the city of Tauranga, or on to Rotorua, Gisborne and the East Cape. For a stop over or that special occasion, this is a very popular motel.

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 the Business Lease at $1.195m of this Motels for sale in Whakatane via our website or by phoning LLOYD STONE on 0800 263339, DDI 07 777 0206 or 021 139 1068.

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