FHGC Motel for Sale Whangarei Northland

Description

Sale type: freehold going concern motel

Business type: motel accommodation business

Location: Whangarei, New Zealand

Current status: established operating business

Site position: State Highway 1

Whangarei town centre: approximately 3 minutes away

Accommodation

Total motel units: 22

Unit configurations: studio, one-bedroom and two-bedroom

Guest units: ground level

Parking: directly outside each unit

Heat pumps or air conditioning: available in all units

Unit size: stated as spacious

Owner accommodation

Owner residence: separate from guest units

Owner living space: generous

Storage areas: available

Operational infrastructure: included

Premises

Renovations: extensive works completed

Refurbishment: extensive works completed

Maintenance requirements: expected to be limited following refurbishment

Financial profile

Profitability: stated as high

Financial performance: stated as strong

Transaction details

Land and buildings: freehold

Business and property: sold as a going concern

Vendor position: prepared to proceed with a sale

Potential buyers

• Owner-operators
• Existing motel operators
• Accommodation investors
• Hospitality buyers
• Buyers seeking a freehold going concern

Further information

Some property information: may be sourced from RPNZ, Property Guru or Land Information New Zealand

Independent verification of selected information: not completed

Information Memorandum: available through the listing website

Non-disclosure agreement: required for confidential details