Motel in the Heart of Tauranga

Motel (Leasehold)

location iconLOCATIONTauranga

price iconPRICENZ$749,000.00

refcode iconREF CODEHC00278


ABOUT THIS BUSINESS FOR SALE

About this Business for sale in Tauranga

Motel Business in the Heart of Tauranga

The Asure Harbour View Motel, on the edge of the Tauranga Harbour – just minutes from the CBD, will excite the interest of all serious motel buyers, at a time when such quality listings are rare, and quality of lifestyle is at an all-time high.  

The Harbour View Motel is considered Tauranga's most affordable, quality, central accommodation option, and is one of the few central Tauranga Motel accommodation options.

Asure Harbour View is also sited just 40 meters off the water’s edge of the Tauranga inner harbour, and just a hop, skip and jump from the popular Memorial Park and Queen Elizabeth Youth & Sports Centre, which features a heated swimming pool, a children’s playground and a miniature railway. The fabulous wedding/party/conference venue – “Waters Edge” – at the Tauranga Rowing Club, is just a short 400- 500 metre walk from the motel along the concrete boardwalk alongside Tauranga’s inner harbour.

This premium, well-deserved 4-star rated motel, trading under the popular and well-known Asure brand, can be operated by a single owner – with the prospect of a huge income!   The current owners have invested heavily in ensuring the motel is maintained in pristine condition, with every aspect of the maintenance, décor, fit-out, chattels etc in pristine condition.   A new owner will struggle to find anything to spend money on, for a considerable time!   The 3-bedroom owner’s home is equally high quality, with almost everything new or updated. 

The Harbour View has been a very consistent performer – averaging around the 70% occupancy annually yet maintaining tariffs at the higher level.  Trading has almost returned to pre-covid levels and is projected to exceed those figures in the 22/23 year.   

  • Absolutely prime location near city and harbour
  • Turn-key presentation
  • Extremely attractive income
  • Can be run by one person
  • Allows for premium lifestyle
  • Proven consistent performer over the years

 

It would be best not to hang around thinking about this one.  Interest will be immediate and high.  Get in touch now.

 

To find out more, go to linkbusiness.co.nz/HC00278 and press the “Enquire Now” button to complete an online confidentiality agreement.

For more information please contact:

Ross Candy, 027 223 3696 ross.candy@linkbusiness.co.nz

Gordon Fridge, 022 156 9330, gordon.fridge@linkbusiness.co.nz

To access information about this listing please complete the online Confidentiality Agreement Form.

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