5 Star Motel, Say No More!!!
Listing: #EL00764Gordon Fridge
Broker | Bay of Plenty

About this Business for sale in Whakatane
5 Star Motel, Say No More!!!The Landing Motel is a high quality, extremely well appointed 5 Star motel situated in the busy town of Whakatane.
Opened in December 2011 - no expense has been spared in relation to chattels, the accommodation and the fabulous owners' accommodation.
The Landing Motel comes complete with a 33 year Lease.
This almost palatial motel has 15 units consisting of the following configuration:
- 1 x Two Bedroom Unit
- 3 x One Bedroom Units
- 11 x Studio Units
* All rooms are super generous in size, double glazed with air conditioning. Chattels are what you would expect in a 5 Star motel. All kitchens are once again extremely well appointed, large and designed to cater for families, transient guests and the motels well established corporate trade.
* Bathrooms are luxurious with a number of the units having deep soaking spa baths.
Owners' Accommodation
The owners accommodation is a fabulous family sized 3 bedroom home set on 2 levels. As the new owner you will be walking into what is virtually a new family home. The spacious open plan air conditioned lounge/dining is very appealing on the eye, as is the large modern kitchen that comes complete with the full array of Fisher & Paykel products. A private fenced courtyard allows for privacy and an abundance of BBQ's & good times with your family.
The 5 Star motel kitchen, double garage & reception are accessible from the owners lounge area.
Contact me today to organise an inspection.
Reference: EL00764
*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.