FHGC Motel in Waikato, with Optional Leasehold
Waikato Surrounds, Waikato
- Proposed Usage
- Tourism & Hospitality
- Property ID
A freehold going concern motel in Waikato is available to the market. Located not far from Tauranga and Hamilton, this motel has been generating a substantial cash surplus to a working couple. The estimated annual cash surplus for one working couple is around $170K.
The FHGC motel with a very solid three-bedroom house as owner's accommodation is for sale at just over $2 million dollars. But if you do not want to be your own landlord, a leasehold opportunity is available to the purchaser with a secured long lease in place (30 years). Annual rent would be negotiable.
Further development projects may be introduced to this town soon, therefore the motel may have more potential to grow once such projects start.
The listing is highly confidential. Any interested party can contact the business broker Paul Lu for further information.
To find out more, go to www.linkbusiness.co.nz/BPW00373
and press the “Enquire Now” button to complete an online confidentiality agreement.
Price plus GST (if any).
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.