0800 263 339

Quality Corporate Motel - Strong Occupancy

New Plymouth
Reference: TA197
Motel / Motor Lodge
Business Lease $1,240,000

Seldom do motels of this quality & location (close to CBD & Coastal Walkway) become available. With Covid threats now behind us, this corporate motel has re-established itself with strong occupancy.

This complex in New Plymouth has 23 modern units featuring 15 studio units (two access), 4 twin studio units, 2 one- bedroom units and 2 two-bedroom units. All units are spacious, double glazed, air conditioned and some have sea views.

Facilities include motel laundry, motel kitchen, guest laundry, EV charging station and off-street parking.

Owners residence has three bedrooms, open plan living, single garage and private outdoor area.

Guests always speak very highly of their stays here.

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 New Plymouth via our website or by phoning PETER MCGRATH on 0800 263339, DDI 06 929 7681 or 027 449 1608.
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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. 

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