Freehold Investment 28 Unit Motel for Sale Bay of Plenty

Description

Sale type: freehold land and buildings investment

Property type: motel property

Location: Bay of Plenty CBD, New Zealand

Current status: established leased investment

Property

Motel units: 28

Conference facilities: included

Owner residence: 3 bedrooms

Owner apartment: spacious and well appointed

Property condition: stated as immaculately maintained

Maintenance standard: stated as high

Land and buildings: freehold

Lease

Lease expiry: 2064

Lease term: very long-term

Lease security: stated as strong

Tenants: established

Financial profile

Investment returns: stated as strong

Customers and market

Primary guest market: corporate clientele

Corporate clientele coverage: nationwide

Government agency recognition: stated by the source

National organisation recognition: stated by the source

International organisation recognition: stated by the source

Location

Site position: CBD location

Location strategy: stated as strategic

Further information

Some property information: sourced from RPNZ, Property Guru and Land Information New Zealand

Independent verification of selected information: not completed

Confidential information: available subject to a confidentiality agreement

Information Memorandum: available through the listing website