Bargain! 14 Unit FHGC Motel in the Central North I

Taihape, Rangitikei

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Proposed Usage
Tourism & Hospitality
Property ID

It's not often you can buy a successful freehold going concern motel at a bargain price! The current owners have other plans, they want a quick sale and are inviting offers over $650,000 for the purchase of this little gem.

The motel is on State Highway 1, approximately an hours’ drive from the Mount Ruapehu Ski Fields and features:

• Single level complex comprising of 14 units (12 x studios units and 2 x family units)
• 3-bedroom owners’ accommodation with internal access to the reception office
• Approximately 2345 sqm of land
• Spa pool
• Good turnover
• Approximately 12.5% return on investment
• Lovely outlook onto native bush and rolling hills

This is a great opportunity for a couple who wants the security of owning your own home and a successful business where you can both work from home.

The tourism and accommodation industries are growing fast. Contact me today if you want to become part of it.

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Price: Offers over $650,000

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