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Putaruru Motor Inn.

92 Tirau Street, Putaruru

Hotels Motels Lodges B&B
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$545,000 Including GST (if any)

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Listing # HRO10294 | Listed on 13 April 2022

19 Unit Motel with 60 seats restaurant and bar.
2 bedroom owners accommodation.

Plus 3 bedroom home on adjoining site.
Long 32 year Lease , with easy rental and great allyear round occupancy with a very steady return clientelle.
Solid well built complex with excellent road frontage on SH1 ,leading into busy rural township.

The business has focused mainly on the accomodation,however, there's a great opportunity to open up the restaurant for in-house and public dining, giving the ability to further increase the occupancy and the turnover.

Good size well equipped kitchen with 60 seater restaurant and private bar make this a winner for a family or two couple situation.

This property is priced to sell but demands a maintenance program to bring it back to a higher star rating. There is genuine great potential for those with handyman and entrepreneurial skills.

Ideal for long term or permanent tenancies.

Incredibly well priced for such a long lease.

Vendor will consider a TRADE on residential property as part payment,or Vendor finance to an approved Purchaser.

Please phone to discuss further details as, while a profile on the property can be provided, no financials however,will be emailed out prior to viewing the complex as per Vendors instructions.
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To view contact Sole Agent Grahame Lindsey, Motel Broker, 021 746293

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