Properties

Trentham Motel

438 Fergussen Drive, Heretaunga, Upper Hutt, Wellington, New Zealand 5018

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Property Description

Showing consistent growth over the last five years makes this motel a proven performer and valuable proposition for a purchaser. The lease business is for sale but there is also an opportunity to purchase the freehold going concern.
The current vendors have owned the business for over 11 years and during this time have maintained a high standard. They have completely refurbished 10 of the units and have upgraded other facilities where they felt it was most beneficial. All night store heaters have been changed to modern heat/pump units and all but two units have had water cylinders replaced with gas infinity hot water systems.
The location of the motel is another plus and allows the customer base to be strong and steady. The area surrounding the motel provides a mixture of guests including for weddings, workers, officers from defence and corrections and then the travelling public stay in transit and as a stop off for the inter-islander ferries. Right by the park and river walk the setting is perfect. As one trip advisor review says it was “Handy to everything we needed”
This is a very well maintained motel with a strong business and long lease available. Showing good review comments and an excellent return on investment it is an opportunity you should find out more about. Contact us now for further information.

Freehold going Concern also available for $2,475,000

Price is plus GST if any.

Basic Details
Property Type : Lease Business
Price : $600,000
Address Map
Street Number : 438
Street : Fergussen Drive
Country : New Zealand
Regions : Wellington
City : Upper Hutt
: Heretaunga
Zipcode : 5018
Lease Business
$600,000
Contact Broker
Kathie Shepard
John Griffin Realty
927 Hakarimata Road
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