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Taupō

13-15 Tui Street, Taupō, Taupō

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2,144sqm Land area SQM
550sqm Floor area

13-15 Tui Street, Taupo - Courtney Motel


- Established Taupo Motel located in Bird Area
- 2,144m² (more or less) of land over 2 Titles
- Current operating lease has 4 years to run
- 12 units but operating as 16 units
- Net Income - $94,625 pa + GST

Courtney Motel has been operating for over 20 years and has an excellent reputation. Located approximately 160 metres from Lake Taupo and a short stroll along the lakefront to the town centre, this motel is ideally situated. The motel offers 3 star studio, 1, 2 and 3 bedroom units nestled in mature gardens. The split residential and commercial zone gives a buyer plenty of options for development at a later date and would make an excellent addition to your property portfolio.

Asking Price NZ$2,300,000 + GST (if any)
Gary Harwood

Gary Harwood


Westerman Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Courtney Motel


Courtney Motel has been operating for over 20 years and has an excellent reputation

Land Area


2144m2 (more or less) set over two freehold titles

Location


Established Taupo Motel located in “Bird Area”