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Search General - MOTEL PRICED TO SELL Remuera/City Fringe - Auckland > Auckland

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MOTEL PRICED TO SELL Remuera/City Fringe
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This Motel is really priced to sell! Urgent interest is sought as the Vendor must return to the South Island to re-connect to his family and commit fully to his burgeoning long term business interest down South. This Motel is now on the market at the excellent reduced price of $740,000 - a saving of $150K! (The assets alone are valued at approximately $700K)

Situated on the Remuera / City Fringe, just 5 minutes drive from Aucklands CBD; close to main motorway access, located in Auckland Boys & Epsom Girls Grammar zones and within walking distance to fashionable Newmarket.

The 16 fully renovated units offers a new buyer the chance to simply "walk in and take over" as all of the hard work has been done for you. The motel offers Wi-Fi, Sky TV, ample parking facilities, spacious BBQ area and private balconies. 2 bedroom Managers accommodation is also included.

A new owner has the opportunity to capitalise on the Motels' refurbishments and take advantage of the many popular expos held in the vicinity. Although occupancy level dipped during the renovation period, a new marketing approach could see occupancy rates soar.

Urgent interest is required as Vendor must be out by Christmas. Take advantage of the low rent of just $13,877.08 + GST per month and the massive $150,000 drop in the asking price. To talk further about this opportunity, please visit, register your details and submit the online confidentiality agreement for listing #1554. Once Tommy receives this he will be in touch and happy to provide more information.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2012. Please note for confidentiality purposes, this business has been listed under the Barker Business office address. Further details on this businesses location will be provided on application.

Agency Reference: BB1554

Tommy Zhang
09 448 0754
021 760 889

Phone: 09 448 0754

Seller's Details

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