Hamilton Motel - Freehold Investment

Hamilton City
Reference: WK608
Motel / Motor Lodge
Land and Buildings Price on Application

This is an opportunity to purchase a land & building investment in a tightly held strategic Hamilton location.

These investments offer a number of advantages over other types of commercial and residential property investment. Long secure leases for which the lessee has paid a healthy ingoing price, net rental with most outgoings and expenses paid by the lessee, including rates and insurance.

A separate article outlining our thoughts on this matter is available at www.coffeys.co.nz/News-Articles/Motel-Land-Building-Investments.

This outstanding motel features 29 units, a small conference room and spacious owners' accommodation with solid concrete construction throughout.

The complex has just been repainted on the outside and the interior repainting and refurbishment is well underway.

There are rent reviews every three years with the last review completed 7 June 2023. We have a Rental Valuation and a Seismic Assessment on file and these together with rental returns are available on receipt of a Confidentiality Agreement.

The motel has a long term very experienced lease operator currently running the complex.

Quality investments in this city are rarely offered to the market and we would recommend exercising a thorough and expeditious assessment without delay.

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.

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 Land & Buildings of this Motel for sale in Hamilton via our website or by phoning MATT D'ANVERS on 0800 263339, DDI 07 561 4213 or 021 935 670 or CHRIS D'ANVERS on 0800 263 339, DDI 09 281 0265 or 021 703 374.

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Matt D'Anvers

Matt D’Anvers joined Coffeys bringing over eighteen years knowledge of the motel and hospitality industry together with a successful background in print, advertising and marketing.

Having successfully created and run his own advertising and marketing agency for over fifteen years, Matt is well placed to offer clients that extra bit of knowledge to give their business a winning advantage.

Matt’s experience includes over one hundred sales of motel leases, freehold going concerns, hotels, bed & breakfast and management rights.

His ability to negotiate successfully at a high level and think differently to produce new solutions and understand, analyse and interpret buyer and seller requirements, is a distinct advantage.

Results driven, with the ability to effectively develop and manage relationships, Matt does all of this with a friendly and personable approach and, to a very high ethical standard.

Matt has been married for over 40 years to Debbie, now with three children and four grandchildren. They live on the beautiful Coromandel Peninsula.

Matt has a keen interest in walking, travel, golf, boating and watching both rugby and cricket.

Matt looks forward to providing you with the specialised service you deserve.