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*** SOLD ***

Auckland Freehold Motel with A Twist

Listing: #18703
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Rodney

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About this Business for sale in Rodney

Auckland Freehold Motel with A Twist
Located in the idyllic wine making region of Kumeu, this property isn't just another motel on a main road. It's a rare gem that offers the new owners the chance to create something very special. Set on 5 acres, the lush grounds are home to 7 individual cottages that beautifully reflect the character and personality of the surrounding wine region. You'll feel right at home in the owners / managers on-site house - a private and independent abode that allows you to relax after hours with picturesque views and a north facing deck. The kids will love the wilderness and space that the site offers. Quite the bonus is the purpose built onsite conference / function center - simply ideal for picking up wedding, small conference, and team building event revenues. Make a name in any one of these markets and watch your top line expand! Putting the business aspect aside - Kumeu is such an ideal location for a number of reasons: - Just 20 - 30 minutes drive from Central Auckland. - Spectacular surroundings & relaxed lifestyle - the area is seen as an escape from the big city. - Bring the kids and the animals - this property caters perfectly to a those raising a family. Generous vendor financing makes this a very attractive proposition - even if you're dipping your toe in the accommodation industry for the first time. To offer some extra encouragement - the NZ tourism / accommodation market is currently booming! Hotel occupancies in Auckland topped 82.2% in Dec 14, with the average daily rate approaching $150. *NZ Hotel Council Stats Almost 750,000 Australians visited Auckland in 2014 *Auckland Tourism Stats - and we all know how much they love their wine! You could capitalize on this with a perfectly placed accommodation offering. If you dare to dream big, there's even the possibility of expanding the accommodation offering by developing some of the excess land around the existing site (subject to resource consent of course). All in all, this is a must for serious buyers to inspect. Priced competitively at $2.75m - you would struggle to pick up 7 individual dwellings, a function center and a house combined for this price anywhere else in Auckland. Call today to arrange a private and confidential viewing.
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This listing is no longer taking enquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.