Four Peaks Motel, 28 Mckenzie Street, Geraldine
By Negotiation
2,397m2
370m2
+20
+19
Four Peaks Motel, Lifestyle and Income Opportunity
Property Brokers are proud to present Geraldine's Four Peaks Motel for sale. This freehold going concern presents a fantastic opportunity for the astute buyer looking for a 'move in ready', lifestyle and income opportunity that benefits from Geraldine's strong domestic and international tourism market. The business is designed for the discerning traveller looking for quality and quiet accommodation at great value. With an established reputation for quality accommodation and excellent service, proven profitability, and excellent customer reviews and ratings, it's not surprising the motel has both high occupancy and high levels of repeat business. The motel is ideal for couples, business travellers, single travellers, and clients value that the complex is both dog friendly, child/family free and smokefree. The complex comprises of 6 well-appointed self-contained studio units, 5 with king beds in each and 1 larger two room unit with 2 king beds totaling approximately 197m2, all held on a separate 706m2 title. There is plenty of off-street parking, safe and quiet grounds, and it's within easy walking distance of the Geraldine Village and the nearby Waihi River Walking Tracks. Also on offer is a well-appointed approximately 173m2 Owner/Manager house, with 3 bedrooms, 2 bathrooms, 1 office/reception area, an internal access double garage held on a separate 1,692m2 title. Behind the house is a large outdoor area with potential for further development of the home or business. The current experienced accommodation industry owners have grown the business and modernised the property over the last 6 years, and are now ready to retire, creating a fantastic opportunity for the next owners as all the hard work has been done.
Four Peaks Motel, 28 Mckenzie Street, Geraldine
Web ID
GEC189508
Floor area
370m2
Land area
2,397m2
District rates
$11,873.67pa
LV
$485,000
RV
$1,080,000
By Negotiation
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