Properties

An Opportunity Not To Be Missed

671 Gladstone Road, New Zealand, Gisborne, East Cape, New Zealand

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Property Description

Here is an opportunity not to be missed. A modern well kept motel, a good return on your investment, 22 years to run on the lease and a commitment from the lessor to improve the property.
Where else could you buy this quality at this price? BK’s brand is an ideal opportunity for someone new to the industry or an experienced motelier looking for a new direction. The vendors are very motivated and say it’s time to move on. Already boasting 15 immaculately presented units the commitment to refurbish by the landlord will make this motel complex even more special and enable the strong business to continue and grow.
The central location is easy to find being only minutes from all of Gisborne’s attractions and the city centre. From the minute you drive in the gate the motel presents a picture of a successful and well cared for business. The manicured gardens surround the sturdy brick buildings to create a soft warm welcome. Stepping inside the units, a mixture of studio, one bedroom and family units, the immaculate presentation is continued with clean modern facilities. All the standard motel facilities are here plus extras such as free internet, king-size spa baths and 32” flat screen TV”s. This provides ideal accommodation for both holiday makers and business travelers alike.
As an operator you will have a very good spacious and modern home with open plan living and separate service areas including laundry and motel kitchen downstairs and then three bedrooms ensuite and bathroom upstairs.
The city’s sun, sand and surf, together with its surrounding heritage and natural beauty, make Gisborne an ideal place to relax and explore the unique combination of warm climate and some of New Zealand’s best surfing, golfing, hunting, fishing or horse treks. Equally, those with an interest in natural beauty, bush and forest walks, or visiting one of Gisborne’s wineries, will find much to enjoy. A great place to visit and an even better place to live in and own this immaculate motel business.

Price is plus GST if any.

Basic Details
Property Type : Lease Business
Price : $429,000
Address Map
Street Number : 671
Street : Gladstone Road
Country : New Zealand
Regions : East Cape
City : Gisborne
: New Zealand
Lease Business
$429,000
Contact Broker
Kathie Shepard
John Griffin Realty
927 Hakarimata Road
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