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Masterton, 124 - 126 Chapel Street

Does it get any better than this?

Price by Negotiation

Listing Number: MS190813
About this listing
Masterton's Amble Inn has everything!

It is not often that a prime location, modern well-equipped motel is available on the market with the option to purchase either the business lease and/or the land and buildings as a freehold entity

This enables enormous scope for potential investors-to either purchase both the business and property-and then add additional accommodation units to the expansive site-and then sell the business for higher returns, or purchase the freehold only and enjoy returns well above bank rates.

Or of course-the successful motel business can be bought on its own, as a successful, profitable and growing business venture!

Wairarapa tourism (and accommodation demand) has been growing significantly in the past 2-3 years and motel and accommodation owners are well placed to benefit from this.

The Amble Inn -motel is one of the best -with 15 extremely well-maintained units-very comfortable owners' accommodation, gas hot water systems, ample parking and of course a magnificent swimming pool and games room set up, to bring those customers back!

Just as important is its location! - within easy walking distance to Masterton's shopping precinct and close to supermarkets and entertainment outlets -this business epitomises the business edict of purchasing in a "prime location".
Property Information
  • Approx Floor Area: 456 sqm
  • Land Size: 3571 sqm
  • Property Type: Tourism / Motel / Hotel
  • Tenure: Fee Simple

Contact Details

Harcourts Masterton

Hamill Realty Ltd

Licensed REAA 2008

Cnr Chapel & Jackson Streets
Masterton
Office website

Property Location

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