About this Business for sale in Bay of Plenty
FREEHOLD Motel offering excellent ROI
The Apex is an eye-catching, colonial style, 14 ground-floor unit motel in the heart of the ‘motel mile’, with an attractive long lease in place. All Freehold investors should move quickly!
Lessees have maintained the motel to a very good standard over time. All outgoings such as rates, insurance, general maintenance etc, are covered by the lessee. The Freehold owner just has to sit back and enjoy the income!
- Excellent ROI
- 2 x Titles, 2024m² land area
- 710m² floor
- Well configured and sizeable owner’s home
- 1980s construction – mixed materials and iron roofing
- Strong lease in place