Maple Lodge, Matamata

Waikato

$895,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1bzw4mt



This FHGC motel can secure your future income for however long you want a great lifestyle with a very good performing business. Situated right off State Highway 24 in vibrant Matamata, this family style motel is well positioned to cater for the huge tourist numbers that visit Hobbiton every day. The motel is also a great family motel with very spacious units, full cooking facilities and a fabulous in-ground, kidney-shaped pool for family fun.

The motel has 9 units in two separate blocks, comprised of:6 x 1 bedroom units3 x studio units.

The motel itself is situated on over 3000m2 of beautiful, almost botanical grounds with a very impressive entry down a meandering drive. The gardens are very picturesque.

The 1970s construction is of concrete block with corrugated iron roofing and aluminum joinery, with the separate owner's accommodation and reception of brick exterior and iron roofing.

The owners have spent money on regular maintenance.

The owner's home with air conditioning is completely separate, private and very spacious throughout, with two bedrooms on the upper level along with an open plan lounge and dining, and a separate kitchen. The living area opens to a wide concrete verandah overlooking the picturesque gardens and grounds.

A 3rd bedroom, or rumpus room, and a second bathroom are located on the lower level, which could be great as a self-contained area for extended family/friends. Large two-car garaging is a bonus.

The reception area and large in-house laundry are adjoining the owners' quarters.

Yield of 12.6%

For those looking to have a change of lifestyle and enjoy the benefits of a vibrant town, don't delay on this opportunity as it will attract strong interest.

Reference: EL00914
Ref: EL00914
Timestamp: 20170925054525

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