0800 263 339

The Winterless North Beckons - New Lease

Far North
Reference: AN773
Motel / Motor Lodge
Business Lease $900,000 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, a new 35-year lease is being offered on this property.

The motel has enjoyed successive years of good growth and has enjoyed high occupancies outside of lockdowns during this turbulent period.

Buyers who are interested in establishing a foothold in this tourism hub in the Bay of Islands now have the opportunity of purchasing a new lease on this sizeable motel property.

This one ticks all the boxes! Vendor will consider realistic offers.

The Freehold Going Concern option on this property is also on offer.

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 Business Lease of this Motel 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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