Motel for Sale Whangarei

Description

Business type: motel accommodation business

Location: Whangarei, New Zealand

Current status: established operating business

City centre: within walking distance

Accommodation

Total accommodation units: 10

Standard studio units: 5

Large studio units: 1

One-bedroom units: 3

Two-bedroom units: 1

Guest mix: supported by varied unit configurations

Owner accommodation

Owner residence: above the office

Full-sized bedrooms: 2

Smaller bedroom: 1

Living space: included

Premises

Renovations: significant upgrades completed

Property presentation: improved through recent works

Property condition: enhanced by completed renovations

Lease

Lease expiry: 2043

Rent reviews: every 2 years

Lease security: stated as strong

Financing

Vendor finance: may be available

Vendor finance eligibility: subject to buyer qualification

Further information

Some property information: may be sourced from RPNZ, Property Guru or Land Information New Zealand

Independent verification of selected information: not completed

Non-disclosure agreement: required

Confidential information: available after execution of the confidentiality agreement

Information Memorandum: available through the listing website