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Motel Freehold Going Concern!

31 B Timandra, New Plymouth

Hotels Motels Lodges B&B
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Asking Price $1,560,000 Plus GST (if any)

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Listing # M824 | Listed on 13 April 2022

Freehold Going Concern Motel consisting of 7 Units with private courtyard, garden, and two-story 4 bedroom Home.

All units ground level, there are 3 one-bedroom & 4 two-bedroom units, the complex includes a large 4 bedroom owner's home with a separate kitchen & dining room plus lounge. Units are all en-suite, spacious, and insulated, including double glazing joinery. Heat pumps have been installed in all units and the owner's home.

The business has an established client base offering accommodation to corporate trade and the traveling public. There is potential to increase turnover as the current owners choose to only trade 10 months of the year. The complex is currently managed by one person with the spouse working off-site. Quiet location, handy to the central city.

This motel complex could be utilized as a home and income or as a motel business. This is a great opportunity to buy a motel in the progressive city of New Plymouth.

For further information or an information pack contact Specialist Motel Broker Malcolm McCrae Tel 06 3577 7743 Mob 0274 462 987 Email malcolm@motelmover.co.nz Web www.motelmover.co.nz


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