About this Business for sale in Bay of Plenty

FREEHOLD Motel offering excellent ROI

The Apex is an eye-catching, colonial style, 14 ground-floor unit motel in the heart of the ‘motel mile’, with an attractive long lease in place. All Freehold investors should move quickly!

Lessees have maintained the motel to a very good standard over time. All outgoings such as rates, insurance, general maintenance etc, are covered by the lessee. The Freehold owner just has to sit back and enjoy the income!

  • Excellent ROI
  • 2 x Titles, 2024m² land area
  • 710m² floor
  • Well configured and sizeable owner’s home
  • 1980s construction – mixed materials and iron roofing
  • Strong lease in place

 

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*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: #HC00184
Price: Refer to broker
Profit*: Refer to broker
Sales Revenue: Refer to broker
Bay of Plenty Region, Bay of Plenty
Accommodation/Motel/Hotel, Freehold
*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.

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