Link Business

5 Star Motel, Say No More!!!

$865,000.00WhakataneListing: #EL00764


Whakatane  


$865,000.00


Accommodation/Motel/Hotel
Refer to Broker


About this business for sale

5 Star Motel, Say No More!!!

The Landing Motel is a high quality, extremely well appointed  5 Star motel situated in the busy town of Whakatane.

Opened in December 2011 - no expense has been spared in relation to chattels, the accommodation and the fabulous owners' accommodation.

The Landing Motel comes complete with a 33 year Lease.

This almost palatial motel has 15 units consisting of the following configuration:

  • 1 x Two Bedroom Unit
  • 3 x One Bedroom Units
  • 11 x Studio Units

* All rooms are super generous in size, double glazed with air conditioning. Chattels are what you would expect in a 5  Star motel. All kitchens are once again extremely well appointed, large and designed to cater for families, transient guests and the motels well established corporate trade.

* Bathrooms are luxurious with a number of the units having deep soaking spa baths.

Owners' Accommodation

The owners accommodation is a fabulous family sized 3 bedroom home set on 2 levels. As the new owner you will be walking into what is virtually a new family home. The spacious open plan air conditioned lounge/dining is very appealing on the eye, as is the large modern kitchen that comes complete with the full array of Fisher & Paykel products. A private fenced courtyard allows for privacy and an abundance of BBQ's & good times with your family.

The 5 Star motel kitchen, double garage & reception are accessible from the owners lounge area.

Contact me today to organise an inspection. 

Reference: EL00764

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.