Get in the Race - Paeroa Motel Opportunity
• Established motel business | Long lease | Asking $750,000 + GST (if any)
• Ground-floor accommodation and on-site parking
• Established corporate, leisure and family guest base
• Close to Paeroa township, Hauraki Rail Trail and the Coromandel
• Average occupancy approximately 65-70%
An excellent opportunity to step into an established accommodation business with a long lease, comfortable refurbished rooms and further potential to grow.
Racecourse Motel offers 10 ground-floor accommodation units comprising a mix of studio and family configurations, together with a generous three-bedroom owner/manager's residence, reception, on-site parking and outdoor BBQ area. The accommodation has been refurbished and provides a practical, easy-to-manage operation.
The motel caters to a broad guest mix including corporate travelers, families and visitors exploring the extensive cycle trails and attractions throughout the region.
With average occupancy of approximately 65-70%, the business provides an established trading base while still offering scope for an incoming operator to grow occupancy and revenue further.
• Ground-floor accommodation and on-site parking
• Established corporate, leisure and family guest base
• Close to Paeroa township, Hauraki Rail Trail and the Coromandel
• Average occupancy approximately 65-70%
An excellent opportunity to step into an established accommodation business with a long lease, comfortable refurbished rooms and further potential to grow.
Racecourse Motel offers 10 ground-floor accommodation units comprising a mix of studio and family configurations, together with a generous three-bedroom owner/manager's residence, reception, on-site parking and outdoor BBQ area. The accommodation has been refurbished and provides a practical, easy-to-manage operation.
The motel caters to a broad guest mix including corporate travelers, families and visitors exploring the extensive cycle trails and attractions throughout the region.
With average occupancy of approximately 65-70%, the business provides an established trading base while still offering scope for an incoming operator to grow occupancy and revenue further.
Key features
Number of rooms
10 refurbished accommodation units
Accommodation
Mix of studio and family configurations
Staff
Three-bedroom owner/manager’s accommodation
