Link Business

Eastern Bay of Plenty FREEHOLD Motel

Listing: #HC00235

Gordon Fridge

Broker | Hawke's Bay Gisborne

Gordon Fridge

gordon.fridge@linkbusiness.co.nz

0800 327 827

+64 22 156 9330


About this Business for sale in Bay of Plenty

Eastern Bay of Plenty FREEHOLD Motel

Motel freeholds are a bit like hens’ teeth! Rare! Freehold motels such as The Landing – modern, 5-star quality, and just on 10 years old – are even more rare to come by. 

Our innovative, forward-thinking Vendor who developed 37 The Landing Motel - is now on to his next project, so luckily - freeing up this top-class investment for another astute investor.

No expense was spared in the construction of this appealing, low-maintenance 15-unit motel sited on 2000+m², over 2 titles. The Landing motel is in a high-profile location on the main ‘motel mile’ leading into Whakatane.

  • Pure 5 Star + Motel
  • Strong Lease with quality lessee operators
  • 15 spacious units plus 2-storey, 3-bedroom owner’s home
  • High quality construction
  • Very attractive architecture, with great road appeal
  • High profile main road location

 

SEMINAR: HOW TO BUY A BUSINESS
Don’t know where to start? Want to know what mistakes to avoid when buying a business?
Learn more everything you need to know at our Online Seminars. https://go.linkbusiness.co.nz/seminars/

 

Hawke's Bay Gisborne
gordon.fridge@linkbusiness.co.nz
0800 327 827
+64 22 156 9330

Gordon Fridge

Enquire Now
Hawke's Bay Gisborne
ross.candy@linkbusiness.co.nz
0800 327 827
+6427 223 3696

Ross Candy

*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.