Discover a lucrative opportunity in the thriving accommodation industry. Located just 3.9km from Auckland Airport in a prime urban setting, this motel offers a diverse range of 20 units designed to cater to various guest needs:
• Family Loft with spa bath
• Twin bedrooms
• One-bedroom units
• All units include private parking.
Additional Features Include:
• A 3-bedroom owner's residence
• A 1-bedroom manager's unit
• Long-term car storage for clients travelling abroad.
Key Financial Highlights:
• High occupancy rates averaging 85%
• Room rates nearing $200 per night
• FY2024 sales of $1,178,000
• Annual rent: $305,876 + GST
• Average owner returns of $578,123 for 2023-2024
• 14 years left on the current lease.
This leasehold business can be either owner-operated or managed, both options providing excellent returns.
Price $880,000
Don't miss this golden opportunity to own a thriving accommodation business in a sought-after location.
Contact Craig Stevens - 027 271 9591 today!
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=35203
