Motel for Sale Masterton

Description

Sale type: motel land and buildings

Location: Masterton, New Zealand

Property: Discovery Motor Lodge Masterton

Lease

Lease term: 25 years

Lease expiry: May 2051

Rates: paid by lessee

Insurance: paid by lessee

Services and utilities: paid by lessee

Accommodation

Motel units: 17

Unit layout: ground floor

Unit type: self-contained

Facilities

• Conference room
• Outdoor swimming pool
• Kitchen
• Laundry
• Storage areas
• Courtyard parking

Manager accommodation

Bedrooms: three

Bathrooms: two

Location

Area: Masterton industrial precinct

Masterton CBD: nearby

Region: Wairarapa

Wellington distance: approximately 100 km

Investment structure

Ownership: freehold property

Day-to-day property costs: mainly paid by lessee

Management requirement: low

Information

Source records: external property databases

Independent verification: not confirmed

Image boundary lines: indicative only

Confidentiality

Confidentiality agreement: required for selected information

Information Memorandum: available