0800 263 339

The Winterless North Beckons - New Lease

Paihia
Reference: 0773
Motel / Motor Lodge
Business Lease $1,400,000 Neg.

This well-established 29-unit motel in the Bay of Islands has undergone progressive upgrades and improvements in recent years. With good year-round occupancies and great guest reviews, it is now ready for new owners to take it to new heights.

Strong forward bookings for the coming summer season including solid group series bookings will set the tone for a firm foundation for the new owner to build on.

Buyers who are interested in establishing a foothold in this tourism hub in the Bay of Islands now have the opportunity of purchasing the leasehold interest in this sizeable motel. Alternatively, the land, buildings and business (FHGC) option is available by negotiation, to own the motel outright.

This one ticks all the boxes!

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.

We would welcome your enquiry on this Business Lease for sale in the Bay of Islands via our website or by phoning CHRIS WONG on 0800 263339, DDI 09 551 0154 or 021 106 6188.
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Chris Wong

Chris Wong represents Coffeys as a Tourism Property Broker operating out of Auckland. He holds a bachelors degree with double majors in accounting & economics 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 grown up daughters living in Auckland and enjoy the luxury of being a closely knit family. Cooking, fishing and travelling rank highly on his list of interests.

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