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24 Unit Motel for Sale New Plymouth

New Plymouth, ID 163562

24 Unit Motel for Sale New Plymouth 1
24 Unit Motel for Sale New Plymouth 1
Asking price:
NZD$790 000
Owner
Owner's representative

Сontact with me Owner's representative

Description

Business type: self-contained motel accommodation business

Location: New Plymouth, Taranaki, New Zealand

Current status: established operating business

Motel classification: four-star

Total accommodation units: 24

Accommodation

Studio units: 24

Full kitchens: available in all units

Ensuite bathrooms: available in all units

Double glazing: installed in guest rooms

Guest markets: business and holiday travellers

Property history and condition

Original construction year: 1982

Renovations: completed regularly since construction

Accommodation standard: maintained through ongoing upgrades

Customers and market

Google rating: 4.5 stars

Guest satisfaction: supported by stated online rating

Occupancy: stated as consistently strong over the past 3 years

Turnover: stated as consistently strong over the past 3 years

Owner accommodation

Owner residence: onsite

Owner residence bedrooms: 3

Private deck: included

Private lawn: included

Residence connection to reception: direct

Operations

Owner-operator model: suitable

Investment model: suitable

Reception access: integrated with owner residence

Location

New Plymouth amenities: easily accessible

Regional access: convenient to wider Taranaki

Potential buyers

  • Owner-operators
  • Working couples
  • Existing motel operators
  • Accommodation investors
  • Hospitality buyers

Further information

Information Memorandum: available

Non-disclosure agreement: required

Confidential information: available after completion of the confidentiality agreement

Details

Real Estate: Lease
Asking price: 790 000 nzd

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