Motel for Sale Whanganui

Description

Business type: motel accommodation business

Location: Whanganui, New Zealand

Current status: established operating business

Operating model: owner-operated

Market position: entry-level motel opportunity

Accommodation

Total guest units: 12

One-bedroom self-contained apartments: 6

Studio units: 6

Guest unit presentation: stated as well presented

Heat pumps: available in 3 units

Standard heaters: available in remaining units

Customers and market

• Business travellers
• Sports teams
• Family holidaymakers
• Hospital visitors

Occupancy: stated as steady

Turnover: stated as good

Owner accommodation

Owner residence: onsite

Owner residence bedrooms: 2 large bedrooms

Living area: open plan

Private backyard: available

Premises

Guest laundry: available

Motel laundry: available

Location

Site position: central Whanganui

Whanganui River: nearby regional attraction

Coastline: nearby regional attraction

Cultural attractions: available in the region

Sporting events: support visitor demand

Potential buyers

• First-time motel buyers
• Owner-operators
• Accommodation investors
• Hospitality buyers
• Buyers seeking a combined home and income opportunity

Further information

Information Memorandum: available from the listing website

Non-disclosure agreement: required for confidential details