The leasehold of 35 spacious units, a licensed restaurant, three function room facilities and a heated indoor pool is for sale through Brent Hannah of Resort Brokers New Zealand.
Located in Porirua City, the complex is set among park-like grounds with elevated views over the beautiful Porirua harbour.
"This is an 'all-in-one' venue and caters for holiday makers, tourists, family groups, inter island ferry travellers, business guest and function attendees." says brokering agent Brent Hannah.
"The owners' accommodation is a separate three bedroomed unit, with privacy and harbour views." Hannah continues.
"The property is nearby to the NZ Police college, and convenient to the regions cultural museum and art center, various popular walkways, and the lovely Plimmerton beach and cafes."
The lease term is 30 years with the approximate yield being 29%.
For further information contact Brent Hannah of click the below link for more information.
See also:
Brand new Hamilton motel lease for sale