Motel for Sale Whangarei

Description

This motel is located within walking distance of Whangarei city centre and operates under a secure lease in place until 2043, with rent reviews conducted every two yearsThe property includes 10 accommodation units comprising 5 standard studios, 1 large studio, 3 one-bedroom units, and 1 two-bedroom unit, catering to a broad range of guestsThe owner’s residence is situated above the office and includes two full-sized bedrooms and one smaller bedroom, along with comfortable living spaceSignificant renovations and upgrades have been completed, enhancing the overall condition and presentation of the propertyVendor finance may be available to suitably qualified buyersPlease note that some information may have been sourced from RPNZ, Property Guru, or Land Information New Zealand and has not been independently verifiedCertain details of this listing are confidential and will only be disclosed upon execution of a confidentiality agreement, as outlined in the Information Memorandum available on the website