BK’s Magnolia Motor Lodge $750,000plus GST (if any)

PRICE SLASHED TO $750,000, THIS MONTH (AUGUST) ONLY

Seldom available is a motel business of BK's Magnolia Motor Lodge calibre with a long lease. The motel was refurbished in 2020 and at the same time, the vendor secured a new 30-year lease.

BK's Magnolia Motor Lodge underwent a complete makeover before the vendor began operation. The motel was tastefully modernised with contemporary décor and a host of new chattels and fixtures.

The BK’s brand is well-recognised in New Zealand for its quality and comfort. All BK’s are rated 4 stars plus.

Whether clients are staying to enjoy a holiday break in Whanganui, making an important business trip or visiting friends and relatives, BK’s Magnolia Motor Lodge will always feel like a home away from home.

Lease Term: To 30 November 2050

Motel consists of 16 units:      

• 11 x Studio units
• 5 x One-bedroom units

Other motel facility:

• Motel kitchen

Owner’s Accommodation:

The owner’s accommodation consists of 3 double bedrooms, master bedroom with en-suite and a large open-plan living area opening out to a private courtyard.

For more information, please fill in your details below.

Disclaimer: The information on the website and associated documents have been provided by third parties and while every care has been taken in the preparation, we do not accept any responsibility for the accuracy of the whole or any part. Interested parties are advised to make their own inquires and satisfy themselves in all respects.