Properties

Quality and Value for money in this Hastings motel business for Sale

714 Heretaunga, Hastings, Hawkes Bay, New Zealand

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Property Description

The reviews rave about the quality and the value in this motel which is exactly what a purchaser will get. The motel is in a perfect location in central Hastings. Within walking distance of shops, restaurants and the main centre it is an ideal place to stay and live.
There are 19 versatile units which can accommodate any guest. Although the strong corporate trade forms a base for the business there are also families and tourists who are all catered for with the diverse and spacious units. Not only are the units spacious they are also immaculate. The current operators of 13 years have reinvested in the motel meaning there is no deferred maintenance and the property is in pristine condition for a new operator. Additionally the units have modern décor with all the facilities you would anticipate at this level of motel. Air conditioning, spa baths hi-speed wi-fi, all the mod cons that today’s traveller expects.
For you as an operator you also get value and quality. The operators accommodation which is equally as spacious as the motel units provides for large open plan living space opening to an outdoor courtyard area downstairs and three bedrooms upstairs. A separate motel kitchen and office are a good enhancement to the service areas with the added bonus of a garage.
The business provides the same value and quality. Well established and showing an excellent return on investment the trends are all in the right direction. The long lease term gives good security of tenure to any purchaser.
All in all you can not go past this motel for immaculate presentation, excellent returns, a strong business and a very nice home to live in. Call now for further information as this won’t last long. The price for this lease business is plus GST if any.

Basic Details
Property Type : Lease Business
Price : $970,000
Address Map
Street Number : 714
Street : Heretaunga
Country : New Zealand
Regions : Hawkes Bay
City : Hastings
Lease Business
  • Visits : 23 in 21 days
$970,000
Contact Broker
Kathie Shepard
John Griffin Realty
927 Hakarimata Road
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