Motel for Sale Palmerston North

Description

Motel for Sale in Palmerston NorthAn excellent opportunity to acquire the lease of one of Palmerston North’s best-located motels.The property is positioned close to major local attractions and institutions, including Massey University, Fonterra Research Centre, and International Pacific University (IPU). Guests also benefit from convenient access to nearby parks, walking tracks, and cycling routes.The current owners have enjoyed the lifestyle and income benefits that motel ownership provides, and the business is now available due to their plans for a new chapter.Business Highlights:* 13 motel units offering a range of accommodation options including studios, one-bedroom units, and family units* Conference centre facilities* Ample off-street parking* Guest laundry facilities* Spacious outdoor grassed areas* Comfortable three-bedroom, two-bathroom manager’s residence included* Private outdoor courtyard and lock-up garageThis is a strong opportunity to acquire a well-positioned motel business with a desirable lifestyle component and established operational foundations.An Information Memorandum is available upon request.Some details of this listing are confidential and can only be provided after completion of a confidentiality agreement included within the Information Memorandum.