Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Great Opportunity with Refurbishment Included


Reference: 8050

Business Lease $429,000

This centrally located motel is a short 5-minute drive from the beach or Gisborne CBD and only 2.7 km from Gisborne Airport. It is priced at a level to ensure the new owners have a great opportunity to take this business to the next level.

There are 15 ground floor units. 11 studios are a mix of spa, access and executive units and there are 4 one-bedroom units. They are all spacious and well equipped to meet the needs of families and business travellers. There is a guest laundry and parking outside the units. The motel has its own laundry and kitchen. A selection of cafes and restaurants are within easy walking distance or a short drive.

The owner's accommodation has three bedrooms upstairs and a large open plan living/kitchen area downstairs. There is internal access to the double garage and motel reception.

This motel should be on your shopping list, the refurbishment cost is included in the asking price. It is your opportunity to put your stamp on a business and take it to the next level. Our vendor wants to move on with this sale.

We would welcome your enquiry on the Business Lease at $429,000 of this Motel for sale in Gisborne via our website or by phoning PETER MCGRATH on 0800 263339, DDI 06 929 7681 or 027 449 1608.

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