Wellington Investment Opportunity


70-72 Riddiford Street, Newtown

Asking Price NZD $7,000,000 + GST (if any)

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Wellington Investment Opportunity | 70-72 Riddiford Street, Newtown | 2801727 |      X Close
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Wellington Investment Opportunity


Southgate Motor Inn has operated for 20 years, providing quality accommodation to a regular clientele and substantial guest occupancy derived from Wellington hospital requirements. Southgate Motor Inn business has consistently achieved high occupancies and excellent financial returns.

The location of the complex is prime and strategically situated directly opposite the Wellington Hospital.

The complex consists 20 spacious executive units, all tastefully appointed and presented. A long term lease tenure, experienced and ongoing tenants, plus a strong rental income enhance this rare Wellington opportunity. This is an investment opportunity not to be missed.

The vendors may consider a proportional sale.

Brent Hannah

Napier

Licensed under the REA Act 2008

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70-72 Riddiford Street, Newtown

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Brent Hannah

Napier

Licensed under the REA Act 2008

View profile