The Abbey Motel positioned on 2,088 sqm (more or less) of prime land is being offered for sale by way of liquidation sale presenting a unique opportunity to secure a Motel positioned prominently next to Waikato and Braemar Hospital.
Whether you are an existing investor, a seasoned motelier, or a developer, the potential to unlock this excellent Hospital precinct landholding is abundant. Presented in a tidy condition with 10 units, compiled of 3 studio units, 6 one bedroom units and 1 two bedroom unit plus excellent off-street parking.
The large inner South city section is a bonus, ripe for multiple development options; just a short walk to one of the Southern Hemisphere's largest hospitals and handy to beautify Hamilton Lake.
As a cornerstone in the ‘golden triangle', and a region known for its busy sporting and corporate events calendar; Hamilton motels enjoy the benefits of a high occupancy due to visitor demand.
Very rarely do opportunities like this come along with such a sought-after location and large landholding.
Please contact a member of the project team to arrange a viewing of the property.
•Freehold land holding of 2,088 sqm (more or less).
•Ample off street carparking
•10 accommodation units plus a 3-bedroom owners/managers unit
•Motel laundry facilities onsite
Asking Price ‘Tender' Plus GST (if any)
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