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Great Investment - Well Located

Manawatu / Whanganui - Address withheld

Hotel Motel Leisure
dollar

$4,200,000 Plus GST (if any)

Land area
4352m2
Title type
Freehold
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Property details

Listing # 71081 | Listed on 13 April 2022

A complex with some real horsepower. 26 units including studio's, executive studio's, one-bedroom suites, two-bedroom suites and a three-bedroom apartment plus well-designed purpose-built conference facilities.

Located handy to Palmerston North CBD in a quiet street, walking distance to cafes and restaurants.

Suites are fitted out to attract corporate guests as well as catering for families and groups. The large land area affords the luxury of having all units on the ground floor and facilities including squash court, gymnasium, guest laundry, motel laundry, motel kitchen and ample off-street parking.

Owner's accommodation is a separate standalone three-bedroom (master ensuite) home plus a double garage with internal access to reception.

The property is leased and presents a great opportunity for investors.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Sale of the Land and Buildings of this Motel for sale in Palmerston North via our website or by phoning PETER MCGRATH on 0800 263339, DDI 06 929 7681 or 027 449 1608.

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