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Bay Palm Motel, Mount Maunganui

Property Details

  • Property Name: Bay Palm Motel, Mount Maunganui
  • Address: 84 Given Road
    Mount Maunganui
  • Property Type: Motel Business
  • Price: SOLD
  • Region: Mount Maunganui
  • Listing: EL01096

Reasons to buy this motel:

  • Be part of the population growth and economic boom in this city
  • A long & attractive 25 – year lease
  • Producing a mouth-watering net profit
  • Absolutely one of the best locations imaginable
  • 3 x bedroom/2 x bathroom owners’ accommodation
  • Sunny, lifestyle location just 150m from the fabulous Mount beach

Bay Palm offers 16 units consisting of the following configuration:

3 x studio units

9 x 1 bedroom units

4 x 2 bedroom units

The units all all spacious, some with sliders to a back lawn area and offer a variety of either kitchens/kitchenettes or tea-making facilities.  The existing owners have consistently invested money back into the business and the motel is very well presented to a 4- star equivalent, with good quality chattels.

The grounds are fully paved for minimal maintenance and feature a heated in-ground swimming pool, just recently re-fibre glassed – a very popular family feature.

The conference centre:

The centre is located on the second floor and caters for 30 – 40 guests either seated or theatre style and is serviced by a kitchen and bathroom facilities.

Owner’s accommodation
Set on 2 levels the owners’ accommodation offers 3 large bedrooms (opening to a spacious, roof-top deck),  2 x bathrooms and open plan kitchen/ living/ dining with french doors to a large, wrap-around patio. Reception is conveniently adjoining the living area.

Reference: EL01096