Glen Alton Motel - Great Location

Property Summary

Price: $610,000
Including GST: Unspecified
Location: Wellington
Type: Commercial & Industrial Hotel Motel Leisure to Lease
Listing No. Rp173482

Agent Details

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Matt D'Anvers
DDI: 07 864 8607 Home: 07 864 7024 Mobile: 021 935 670

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Neil Christie Branch Manager
DDI: 07 864 8607 Mobile: 021 411 744

About the property

SELLING THE LEASE BUSINESS and or FREEHOLD The Glen Alton Motel is set on spacious grounds and caters for family groups, tourists and regular corporate clientele. The motel is close to the CBD, Ferry Terminal and the motorway at Johnsville. Features are a spacious 4 bedroom owners home, living is all downstairs, The motel has impressive accounts with good historical information. There are endless possibilities to add value by building additonal units or redeveloping and reaping the rewards. Important Information >Eighteen Units >Twenty year lease and it can be extended. >Land Area in 3 titles -Total area 6730m2 PLEASE NOTE - FROM THE 1ST MAY TO THE 31ST AUGUST MATT D'ANVERS IS ON LEAVE. PLEASE DIRECT ALL ENQUIRES OVER THIS PERIOD TO NEIL CHRISTIE AREINZ Managing Director 021 411 744 - Office 07 864 8607 - email neilc@pauanui.richardsons.co.nz