Motel for Sale Greymouth

Description

This is a great opportunity to acquire a very well located and successful 13-unit motel operation. The business has demonstrated year-on-year growth in revenue and profitability and is supported by a long lease. Well positioned on Greymouth’s “motel mile”, the complex is close to a range of popular local amenities. The current owners have invested significantly in refurbishing the entire complex, with the results clearly evident throughout. The property offers a versatile mix of units catering to a broad cross-section of the market. It is complemented by a comfortable ground-floor three-bedroom residence. Inspection is expected to impress. An Information Memorandum is available for download via coffeys.co.nz. Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement included in the Information Memorandum.