Here is the perfect entry level motel opportunity at a very affordable price. If you are looking to join the motel industry then it doesn’t get much better than this.
This motel has everything you need. 10 units in total it is ideal for a couple or family to operate alone or a single person with some staff. The units consist of an older block of 6 standard studios a one bedroom unit and a two bedroom unit and then a newer recently built block with two spacious and modern studio units. The units are very well presented with new beds and carpets purchased recently.
The location is perfect being close to the town centre and the very popular Hauraki Rail Trail and also the first motel for traffic coming from Thames on State Highway 26. Paeroa is well known for its lovely antique shops, is a thoroughfare for Coromandel traffic and is growing with housing and retirement home developments underway. All good for the future of the motel business.
For you as an operator there is a spacious stand-alone three bedroom house with dining area and lounge conveniently connecting to the motel reception area but maintaining your own privacy. The new 30 year lease from possession gives you security of tenure and a good length for on selling at a later date.
This is an excellent opportunity to enter the industry and enjoy operating a motel whilst gaining a very good return on your investment. The price is right, the location is right, the facilities are right so the right thing to do is enquire now and get your foot in the door of the accommodation industry. This lease business is priced plus GST if any.