GREYMOUTH: The Best In Town. At $995,000 The Returns Are Already Above Market But The Motivated Absentee Vendor Will Look At All Offers.
About the property
Absentee vendor would consider vendor finance or trading income earning commercial property either for a lower or higher value. This high quality 22 unit complex has been trading for around five years and in that time has shown excellent growth in revenue. The numbers continue to stack up and maintain good revenue and profitability even through the recent difficult periods.
This property was built by its present owner, using only the best of materials available. The exterior is clad largely in granite and copper to provide that real point of difference from the street. Inspection of the units does not disappoint, as these are spacious and very well appointed.
Owners accommodation and infrastructure is among the best we have seen. Three bedrooms, two with ensuite, large living and private courtyard. Spacious office with areas for guests to relax, plus separate back office. Full commercial laundry facilities on site. A spacious guest lounge/conference room is provided for use of those staying in the complex. This has comfortable furnishings, feature gas fire and large flat screen TV.
The business is for sale by way of a long registered lease. Inspection will not disappoint.
We would welcome your enquiry on this motel for sale in Greymouth via this website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.
- Commercial for Lease
- Hotel Motel Leisure