The motel business was sold in December 2017 with the benefit of a new 35 year lease.  The starting rent is $45,000 plus GST per annum with two yearly rent reviews based on CPI and market rent on alternate reviews.

This impressive motel offers 7 one bedroom, refurbished and tastefully decorated, units.

The business owners accommodation is a spacious three bedroom home with extensive views of the city and the Whanganui River.

With a total freehold land area of approximately 1,864sqm, all the units face the west which maximizes the afternoon sun and there is a sundeck outside the units.

The occupancy stats make good reading and the motel is trading well.

The motel is a short distance to the city, restaurants and the Whanganui River Boat.

Click here to view the listing on the Resort Brokers NZ website.

To discuss the sale in further detail contact Paul Sanson of Resort Brokers NZ via the below contact details.

See also:

New Zealand's highest alpine hotel for sale

New Zealand's Cavalli Beach House Auction

Lake Taupo hotel business for sale