Auckland / Auckland

Auckland - $1,490,000

Web Ref #34615
Share

Particulars

Address:
Auckland
Price:
$1,490,000
Listing ID:
34615
Category:
Accommodation

High Profit Motel in Double Grammar Zone

The site is within walking distance to the shopping mall, train station and bus stops with easy access to the motorway. The location is very convenient for tenants and guests.

It offers 19 units and available onsite parking. The manager's accommodation contains 1 bedroom, 1 bathroom and combined living and dining area.

There is a reception office, laundry room, BBQ deck and a storage room. All units are tidy and well equipped.

The owner advises 2023 financial year sales of $1,440,000. Annual rent is $551,250 + GST. This motel is leasehold, the lease fee reviews every 7 years, with the next review in 2029.

This well presented motel would suit a working couple. You could sub-contract the cleaning, washing and maintenance jobs or do it yourself.

The main job is managing the booking website and looking after the customers.

There is potential to increase sales through more online advertising and promotions in the tourism guide.

Don't forget your children will be in double grammar zone if you are the owner and live in the motel.

The current owner has other plans and will consider any reasonable offer.

Contact Wella Wang 021 885 158.

Price $1,490,000

For further information regarding this sale, please complete our online confidentiality agreement.
Copy and paste this link into your browser:www.ds4u.cc/abc?ref=34615
Click here to complete a Confidentiality Agreement

Particulars

Address:
Auckland
Price:
$1,490,000
Listing ID:
34615
Category:
Accommodation

Similar Listings

Auckland
#35203
Prime Location - Profitable Motel
Located in an urban area only 3.9km from Auckland Airport, this motel comprises a diverse range of 20 units including a...
Auckland
#35021
Quest on Beaumont - Opportunity Awaits
For the first time since opening 11 years ago, Quest on Beaumont is on the market and looking for a new owner/operator...
Auckland
#34698
Quest Newmarket- Brand Strength & Financial...
If you are looking to step things up for 2024 then investing in Quest Newmarket could be just the opportunity you need....
Divisions