Rare Opportunity - Profitable - Prime Location

Whangarei
Reference: AN977
Motel / Motor Lodge
Business Lease $350,000

Aaron Court Motel presents a compelling opportunity to secure an established profitable accommodation business in the thriving regional centre of Whangārei

Located in a quiet cul-de-sac just few minutes from Whangarei's town centres and just a short walk from supermarkets, restaurants and cafes, this motel caters to a good mix of leisure and business-related travellers.

An ideal opportunity for a new entrant into the accommodation sector or as a stepping stone to something bigger.

A great mix of room offerings with 5-studios, 5 x1-bedroom units,1x 2-bed and 1x3-bedroom units along with 3-bedroom owner’s residence.

A 10-year lease extension is on offer as part of the sale of this business.

Whangarei City is the commercial hub of Northland and as such attracts a wide variety of travellers looking for value accommodation.

An Information Memorandum is available to download from our website coffeys.co.nz.

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

We would welcome your enquiry via this website or direct to CHRIS WONG.

Enquire Now

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Chris Wong

Based in Auckland, Chris Wong has been proudly representing Coffeys since 2009. He holds a degree in Economics and Accounting and is an Alumni of the University of Hawaii’s School of Travel Industry Management.

He has an extensive background in the tourism and hospitality industry spanning some 30 years, twenty of which were at executive management level. He has also been involved in selling tourism businesses in the New Zealand and South Pacific markets. His extensive knowledge and tourism industry work experience has taken him through New Zealand, Australia, most of the Asia/Pacific region, the Americas and Europe.

Chris is passionate about the tourism industry and has an excellent grasp of its operational framework. He can relate to the issues affecting owners and operators and has a full appreciation of what buyers and investors are looking for. He continues to deliver the professional service for which Coffeys is well renowned.

Chris and his wife Helen have two daughters who also live in Auckland with their families and they enjoy the luxury of being a closely knit family. Cooking, fishing and travelling rank highly on his list of interests.