Motel Investment for Sale

61 Carrington Street
  Listing ID NP3554

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.

 
 
Click image for enlarged view
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



Contacts    
Name Bruce Woodhead Taranaki Property Specialists Ltd. MREINZ
Cnr Vivian and Robe Streets
P.O. Box 610
New Plymouth 4340
New Zealand
Phone 067599167
Mobile 0274426115
Email bruce@taranakiharcourts.co.nz