Comfort Inn Kauri Court Motel, 248 Fitzherbert Avenue, West End, Palmerston North
By Negotiation
1,786m2
555m2
+27
+26
For sale as a freehold going concern
Property Brokers presents this exceptional freehold motel, Comfort Inn Kauri Court Palmerston North, situated in the highly sought-after Fitzherbert Avenue. This freehold motel opportunity enjoys excellent visibility and great street appeal. The motel offers 16 air-conditioned units, ranging from executive studios to spa suites and one, two and three-bedroom self-contained apartments. The conference suite can accommodate up to 32 persons and has dedicated kitchen and bathroom facilities. Included are dedicated owner's residences where the private living space allows you to seamlessly manage the motel while maintaining a comfortable work-life balance. With the ongoing shortage of motel accommodation in Palmerston North, occupancy rates are very high, and rooms attract premium rates in the city. This motel provides a unique investment opportunity, new owners will benefit from long-term ownership, asset appreciation, and the potential for significant returns on your investment.
Comfort Inn Kauri Court Motel, 248 Fitzherbert Avenue, West End, Palmerston North
Web ID
BC166983
Floor area
555m2
Land area
1,786m2
District rates
$23,290.35 pa
Regional rates
$1,417.56 pa
LV
$1,350,000 pa
RV
$2,070,00.00 pa
By Negotiation
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