Solid Performer - First Time on The Market

Waipa
Reference: WK962
Motel / Motor Lodge
Business Lease $995,000

This top-ranking motel business delivers the goods. A consistent performer that enjoys a great mix of corporate, rural, regional and leisure demand without relying solely on peak holiday seasons.

The motel has strong appeal to domestic and regional travellers and offers predictable year-round occupancy and cashflow to a new owner.

On the market for the first time since opening in 2013, this motel enjoys strong local, corporate and trade demand and non-seasonal traffic from multiple directions.

15 modern, well-appointed units comprising studios and one-bedroom units alongside owner's 3-bedroom 3-bathroom accommodation provides for comfortable living with an enviable income.

Located in Te Awamutu, the "Gateway to the King Country" at the southern edge the Waikato region just 30 minutes from Hamilton, this business offers a solid business matrix and awaits a new owner to take it to new heights.

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 on the business lease for sale of this Motor Lodge in Te Awamutu via this website or direct to CHRIS WONG.

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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.