Waterfront FREEHOLD Motel & Business

Motel (Freehold Going Concern)

location iconLOCATIONGisborne

price iconPRICENZ$6,000,000.00

refcode iconREF CODEHC00345


ABOUT THIS BUSINESS FOR SALE

Waterfront FREEHOLD Motel & Business

The Senator Motor Inn is a 2-storey, 16-apartment waterfront motel located just a few minutes to the Gisborne CBD. 

The 16 motel apartments all have views to the river and harbour and are sited over 2 floors, each with a balcony. The spacious manager’s 3-bedroom home is an added value.

Selling Features:

  • Land area of 1447m2 on Gisborne's waterfront 
  • All 16 Motel apartments are on separate Unit Titles
  • Adjoining superior-sized, 3-bedroom manager’s home + loft/garage – a real bonus
  • Unobstructed river & harbour views from all units
  • At present, the business is run under management – producing an excellent income, high occupancy with an abundance of growth.

 

Opportunities such as this are very rare – this investment offers purchasers a number of options from land-banking, run-as-is and develop at a later date or consider management rights unit sale and create business.

 

Call Ross & Gordon now to speak further.

To find out more, go to linkbusiness.co.nz/HC00345 and press the “Enquire Now” button to complete an online confidentiality agreement.

 

For more information please contact:

Ross Candy, 027 223 3696, ross.candy@linkbusiness.co.nz 

Gordon Fridge, 022 156 9330, gordon.fridge@linkbusiness.co.nz

To access information about this listing please complete the online Confidentiality Agreement Form.

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