Anchor Lodge Motel - Freehold going concern

Wharf Road, Coromandel Coast

Asking Price NZD $5,900,000 + GST (if any)

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Anchor Lodge Motel - Freehold going concern | Wharf Road, Coromandel Coast | 1691826 |      X Close

Anchor Lodge Motel - Freehold going concern

Bayleys Real Estate Ltd is pleased to offer Anchor Lodge Motel, Coromandel, New Zealand as a freehold going concern for sale. $5,900,000 +GST (if any)

Situated only a minutes walk from the popular Coromandel Township sits the Anchor Lodge Motel nestled into the Kauri Block Reserve at the southern end of the town. Spread over 5,068sqm the Anchor Lodge comprises of 24 self contained motel units & two additional adjacent homes which have been converted to motel use, a backpackers complex with communal kitchen, lounge plus bunk rooms as well as a 3 bedroom owners residence. The conference room and resort style pool complex complete this tranquil oasis.

The sale of the Anchor Lodge Motel offers an astute investor or a group of investors a unique opportunity to secure excellent returns from a solidly preforming asset.

The current structure of the property and business offers the new owner(s) the ability to operate the business under management or look to on sell the Lease.

•Freehold Going Concern Motel with 24 units

•5068sqm set across 4 Titles

•Set in the popular tourist location of Coromandel Township

•Demonstrating very high returns for an owner operator

•Consistent occupancy rates exceeding 53% over the past 3 years

•Ability for a passive investor to on sell the Lease

•Very high yield investment can be run either under management or by new Lessee

Wharf Road, Coromandel Coast

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