About this Business for sale in Central North Island Area

Key Features

  • Two storey complex with 20 spacious units
  • New 25-year lease
  • Attractive income with sustainable year-round tariffs
  • Modern, 2004 low maintenance construction
  • Excellent, spacious, modern, 2 bedroom, 2 bathroom owner’s home on 2 levels
  • Additional self-contained manager’s apartment
  • Double garage
  • Short stroll to town centre
  • All Units have air conditioning and underfloor heating

Room Configuration:

The 20 spacious units all have kitchen/cooking facilities, air conditioners and underfloor heating. 

The rooms are presented in excellent condition with well-maintained and upgraded chattels.

  • 10 x studio
  • 10 x one bedroom

 The 10 ground floor units have enclosed/private courtyards and several have spa baths.

Owner's Accommodation:

The owner's accommodation offers an excellent, spacious, 2 x large bedroom apartment (one en suite) with open plan living and a balcony off the lounge.  The apartment also has underfloor heating. Downstairs there is an additional 1 bedroom, self-contained manager’s apartment – or additional family area.

 

Situated within walking distance to town, this business enjoys repeat business from corporates, travellers, tourists and domestic holiday makers, that enjoy the quiet luxury this motel has to offer.

Any purchaser looking for a quality motel with potential for an excellent capital gain must inspect Alpine Lake Motor Lodge.

You may also be interested in...

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #HC00036
Price: Refer to broker
Profit*: Refer to broker
Sales Revenue: Refer to broker
Central North Island Region, Central North Island Area
Accommodation/Motel/Hotel, Motel
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

PRINT OR SHARE THIS LISTING

Share on print
Print
Share on email
Email
Share on linkedin
LinkedIn

BUYERS TOOLS

Businesses for sale

All Locations
All Categories
Price Range
$
$

You may also be interested in...