West End

ID BC166983

For sale as a freehold going concern

Property Brokers presents this exceptional freehold motel, Comfort Inn Kauri Court Palmerston North, situated in the highly sought-after Fitzherbert Avenue. This freehold motel opportunity enjoys excellent visibility and great street appeal. The motel offers 16 air-conditioned units, ranging from executive studios to spa suites and one, two and three-bedroom self-contained apartments. The conference suite can accommodate up to 32 persons and has dedicated kitchen and bathroom facilities. Included are dedicated owner's residences where the private living space allows you to seamlessly manage the motel while maintaining a comfortable work-life balance. With the ongoing shortage of motel accommodation in Palmerston North, occupancy rates are very high, and rooms attract premium rates in the city. This motel provides a unique investment opportunity, new owners will benefit from long-term ownership, asset appreciation, and the potential for significant returns on your investment.
Features
Area | 555.00m2Land | 1786 m2Rates | 23,290.35 paRegional rates | 1,417.56 paLV | 1,350,000 paRV | 2,070,00.00 pa
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Garry Doyle

M  027 452 2212  P  027 452 2212

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