5 Star Motel, New 30 Year Lease, $300k+ NP
- Proposed Usage
- Tourism & Hospitality
- Property ID
Boutique apartment-motel, finest on the market. Luxury 5 star central city Wanganui accommodation including free wifi, spa baths, LCD Sky TV.
This outstanding luxury motel is ideally located on Victoria Street - an easy walk to the local shops, supermarkets and surrounding restaurants.
Total of 28 rooms, all with spectacular in-room facilities spa baths and LCD TV's with SKY. An on-site boardroom allows the operator to host functions and conferences. Incredible owners accommodation with up to 6 bedrooms - would suit a large family operation or even two families working together.
Excellent financial performance with a positive trend in top line revenue and opex.
Currently returning $300k + per annum.
Winner of 2013 and 2014 TripAdvisor excellence awards.
Superior size units.
Contact Michael Osborne