- For sale
$2,300,000 NZDAsking price $2,300,000 + GST
One of Central Hawke’s Bay’s premium accommodation options, Fergussons Motor Lodge offers guests luxurious and comfortable rooms in a relaxing environment.
The 12 well-appointed and spacious ground floor units are a mix of one and two bedrooms and studios. Each with its own kitchen/kitchenette and ensuite bathroom. The motel also includes a separate three bedroom owner’s accommodation with private outdoor living, double garage and guest laundry.
Situated at the gateway to Waipukurau, the motel enjoys prominent profile on the main commuter route through the bustling town along with constant demand from corporate travellers and tradesmen working in the area.
Having undergone a recent modernisation and with an experienced operator in place on a long lease, this property will be of interest to investors seeking a bottom-drawer, passive freehold investment.
Asking price $2,300,000 plus GST if any.
The information memorandum is available for download via the Secure Documents link at https://www.colliers.co.nz/p-NZL67019429.
Ref #: 20991113