Excellent Business lease Opportunity


Racecourse Motel, Paeroa

Asking Price NZD $750,000 + GST (if any)

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Excellent Business lease Opportunity | Racecourse Motel, Paeroa | 2316635 |      X Close
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Description

Excellent Business lease Opportunity


•Long Lease - final expiry 2050

•10 units - Newly Refurbished - different room configurations.

•Closes to the town centre, rail trails and beaches

Racecourse Motel is a 2-minute drive from Paeroa Township and a 5-minute walk from Paeroa Domain. It offers a landscaped barbecue area and free on-site parking. This property is motorcycle and family friendly.

The property consists of 10 units with different configurations such as studio's and family units. The reception is a welcoming for all guest close by the units along with the 3 bedroom managers accommodation, this business has it all.

The Racecourse Motel caters for the Corporate customer, FIT travellers and families. The close proximity to the Rail trail and local beaches has guests staying for longer periods with family units being used more so in the holiday period. The current occupancy has room for growth which is why this opportunity is one not to be missed.

Steve Pett

Hamilton

Licensed under the REA Act 2008

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Racecourse Motel, Paeroa

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Steve Pett

Hamilton

Licensed under the REA Act 2008

View profile