795 Heaphy Terrace, Claudelands, Hamilton

Excellent Business lease Opportunity

• Strong Lease with opportunity to extend
• 9 Units newly Refurbished with different room configurations.
• Closest Accommodation to Claudelands Events Centre
• Completely hands off operation for the past 12 months
• Stable financial performance with consistent occupancy

Claudelands Motel is situated on the East side of the city and next door to the Claudelands event centre, Glow Box Arena. This 3-star motel features Wi-Fi in the rooms with plenty of parking onsite. The city centre is only a 10 minute walk along with river trails close by.
The property consists of 9 units with various configurations, including one and two bedroom units, each with their own kitchenette and cooking facility. The reception is welcoming and conveniently located near the units, along with the spacious three-bedroom managers accommodation - this business has it all.
The Claudelands Motel caters for the corporate clients, FIT travelers and families. Being walkable to the CBD and Claudelands park, and its proximity to the FMG Stadium, Glowbox Arena, Regional Theatre, Cosmopolitan Club, Hamilton Gardens and the Waikato River trails make it a preferred choice for guests attending events or visiting the city.
The current occupancy has remained steady and reliable, providing a strong base with room for growth. The current owners have been running Claudelands Motel as a completely hands-off operation for the past 12 months, with well-established systems and loyal clients. This is a turnkey opportunity for an owner-operator investor seeking a stable, low maintenance business.