Central Court Motel $800,000plus GST (if any)

BE THE FIRST WITH A NEW 30-YEAR LEASE

Central Court Motel is the first motel you arrive at as you enter Whangarei from the south. Proudly located on the rise of the recently upgraded SH1. The motel has its main entrance on the highway and an exit on a side street for convenience. Ample parking on site for boats and trailers.

The motel has recently been refurbished, with each unit now equipped with kitchen facilities. To enhance creature comfort, all units are fitted with a heat pump.

The motel consists of 22 units of various configurations, ranging from studio units to 2-bedroom apartments, to suit most travellers and regular clients.

Central Court Motel would ideally suit an astute investor with an eye for future growth. Be the first to take advantage of the long 30-year lease at a reasonable rent.

Lease Term: New 30-year lease

The motel consists of 22 units:

• 15 x Studio units
• 2 x One-bedroom units
• 5 x Two-bedroom units

Manager’s accommodation consists of a large 2-bedroom bungalow with separate lounge and dining areas. The living area flow out to a large private courtyard and garden area.

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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 enquiries and satisfy themselves in all respects.