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Paeroa

Racecourse Motel, Paeroa, Hauraki

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Excellent Business lease Opportunity


•Long Lease - final expiry 2050
•10 units - Newly Refurbished - different room configurations.
•Closes to the town centre, rail trails and beaches

Racecourse Motel is a 2-minute drive from Paeroa Township and a 5-minute walk from Paeroa Domain. It offers a landscaped barbecue area and free on-site parking. This property is motorcycle and family friendly.

The property consists of 10 units with different configurations such as studio's and family units. The reception is a welcoming for all guest close by the units along with the 3 bedroom managers accommodation, this business has it all.

The Racecourse Motel caters for the Corporate customer, FIT travellers and families. The close proximity to the Rail trail and local beaches has guests staying for longer periods with family units being used more so in the holiday period. The current occupancy has room for growth which is why this opportunity is one not to be missed.

Asking Price NZ$750,000 + GST (if any)
Steve Pett

Steve Pett

Hotels, Tourism and Business Sales

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Accommodation


10 Units - Newly refurbished - different room configurations

Lease


Long Lease - final expiry 2050

Location


Closes to the town centre, rail trails and beaches

Growth opportunities


Opportunity – Chattels, Goodwill, and long-term lease benefits

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