240 Ulster Street, Whitiora, Hamilton

Liquidation Sale of Sunrise Motel

The Sunrise Motel positioned on 2039 sqm (more or less) of prime land is being offered for sale by way of liquidation sale presenting a unique opportunity to secure a tidy 1970's Motel positioned prominently on Ulster Street.

Whether you are an existing investor, a seasoned motelier, or a developer, the potential to unlock this excellent landholding delivers. Presented in a tidy condition with 12 units, and excellent off-street parking.

The large level inner city section is the jewel in this crown, ripe for a future servicing Hamilton's growing tourism market, permanent residential accommodation, and or development. Just a short walk to multiple sporting venues, large supermarkets and the North end of Hamilton CBD.

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 approximately 2039 sqm (more or less).
•Ample off street carparking
•12 accommodation units plus a 2-bedroom managers unit
•All units including managers unit Recently Re-Furbished
•Storage room and Motel laundry onsite

Asking Price ‘Tender' Plus GST (if any)