Waihi
6 Victoria Street, Waihi, Hauraki
Auction
(unless sold prior)
Solid gold investment
• Solid tenant on a long lease
• Hands-off investment
• Popular motel with strong occupancy rates
Discover a secure investment opportunity with this tenanted motel located in the heart of Waihi. The property is currently leased to a reputable tenant, offering a stable income of $79,993.04 per annum plus GST and outgoings.
Situated in a prime location, this motel features 10 ground-floor units, ranging from studios to family units. This diverse range of accommodation options ensures a steady stream of income from a variety of guests.
The property's low maintenance nature adds to its appeal, with the tenant responsible for day-to-day operations and maintenance as well as paying into an annual fund for projected works. This makes it an ideal investment for those seeking a hassle-free income stream.
Don't miss out on this opportunity to add a profitable tenanted motel to your investment portfolio.
Call to arrange a viewing and secure this prime investment in Waihi
Josh Smith
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Lease
Long lease with a solid preforming tenant in place
Location
Situated in Waihi the motel is well-placed for tourists and regional professionals
Opportunity
To acquire a hands-off tenanted investment
Parking
Onsite parking for guests and staff
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