0800 263 339

Great Location 16 Unit Motel

Palmerston North City
Reference: MW576
Motel / Motor Lodge
Business Lease $950,000

Located close to the hospital and airport, this 16-unit motel is affordable with good growth potential.

12 studios, 2 one-bedroom & 2 two-bedroom suites offer guests an excellent selection. All units are on the ground floor, have air conditioning and have been redecorated.

Parking outside units, motel laundry, in-ground swimming pool and guest laundry.

Spacious double glazed owners residence with three bedrooms, two bathrooms and private courtyard.

Priced to sell this is a great opportunity to purchase a well-located business in a busy city.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Business Lease 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.
Enquire Now

Login or register to watch this listing for updates.

PDF

Login or register to download the information memorandum for this listing.

Peter McGrath

Peter’s early career was in farming before new challenges where called for. The first of these was the development of a large and successful hydroponic rose growing enterprise, followed by a career shift to satisfy a long time interest in real estate.

Back to University to polish his professional skills and knowledge, he gained a Post Graduate Degree in Business Studies (Real Estate). He has run his own agency and sold residential, lifestyle and rural properties. Peter is excited to be on the Coffeys team and is confident of good times ahead in the tourism market.

Communication is key to Peter’s success. He is a people person, a lateral thinker and always assists his clients with sale process while striving to achieve the best possible outcome. Knowledge of property, marketing skills and a no stone unturned attitude enable him to find the best match for buyers and sellers.

Peter and his wife Jo have raised four children and now have four dearly beloved grandchildren. If any spare time is available, Peter will grab a fishing rod or brush the dust of the golf clubs. 

Back to Top