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This Motel investment is situated within close proximity to Pukekura Park and within walking distance to the retailing area of the Central City. This property comprises of a 16 unit Motel, associated managers Accomodation/Motel office and with a Garageing/Laundry building to the rear of this property. the freehold land area is 2471m2 providing a large ashphalt sealed carpark around the Motel complex, sufficient for 18 carparks, lawn and childrens' area. Invesment lease is for a term of Ten years for the 1st September 2009 with two further terms of 10 years. The annual net Rental is $85,000 with the Tenant paying all the property outgoings. Please note inspection by appointment only.
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Click image for enlarged view |
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| Price |
$1,100,000 + GST (if any) |
| Area |
New Plymouth City |
Location map |
| Property Features |
| Section Area: 0 m² |
| Exterior Features |
Garage: 0, Carport: 0 |
| Building Features |
| House Area: 0 m² |
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