Link Business
*** SOLD ***

A FREEHOLD with an amazing future

$1,700,000Bay of PlentyListing: #EL00566


Bay of Plenty  


$1,700,000


Accommodation/Motel/Hotel
Refer to Broker


About this business for sale

A FREEHOLD with an amazing future

An opportunity not to be missed. Seldom do we see freehold investments on the market - if so, they are snapped up quickly!

Located in the very busy town of Whakatane, the Naumai Motel is a solid 3 star motel built in the 1970s - the motels construction consists of  brick/concrete & tile/iron roofing.

This Naumai Motel sits on a huge 3,037M2 (approx) on three separate titles (with floor area of 820M2, approx)

Auckland - Ellerslie
gordon.fridge@linkbusiness.co.nz
+64 9 555 6055
+64 22 156 9330

Gordon Fridge

*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.