13 Unit Motel for Sale Wanaka Otago

Description

Property type: motel land and buildings

Location: Wanaka, Otago, New Zealand

Accommodation units: 13

Investment

Lease term: through to July 2054

Lease length: 35 years

Lessees: recently appointed

Projected rental income: established through to 31 March 2030

Projected return: approximately 4.5% to 5%

Accommodation

Studio units: included

One-bedroom units: included

Two-bedroom units: included

Unit layout: single-level

Interiors: modern

Manager accommodation

Bedrooms: two double bedrooms

Living and kitchen area: open-plan

Recent renovation: completed

Property

Off-street parking: available

Covered parking: available

Property condition: well maintained

Town centre and lakefront: approximately 15 minutes on foot

Sale process

Confidentiality Agreement: required for selected information

Source records: external property databases

Third-party information: not independently verified