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45 and 47 Avenal Street
Avenal

deadline sale

Property Facts

Deadline Private Treaty

Thu 31st Aug

Ref: 27075

Deadline Sale

Sales type: Hotel/Motel/Leisure to Buy

Sale/lease: For sale

Land area: 1631sqm

Built: 1960's

45 and 47 Avenal Street, Avenal

Ref: 27075

Popular motel in prime location

Act now to secure your financial freedom, be your own boss and own a large parcel of prime Avenal real estate all at the same time! Rarely does an investment of this quality become available.

The opportunity exists to purchase the land and buildings (freehold) along with the going concern. 45 On Avenal Motel is in a fantastic location popular with travellers, school groups, sports teams and professionals alike. A good level of future bookings and great occupancy mean it's showing excellent returns.

The motel is in a tidy condition throughout and features a mixture of studios and one and two bedroom units. There is also a sunny and very practical manager's house offering comfortable living for an on-site manager.

Built with low maintenance and longevity in mind, the concrete block and long-run roof ensures a solid structure. A real gem, highly sought-after and rarely available at this standard - be quick!

• Rare opportunity to purchase the land and buildings along with the going concern.
• Mixture of studios and one and two bedroom units
• Manager's accommodation onsite
• Good level of future bookings and great occupancy rates
• Ample off-street parking for guests

Deadline sale closes Thursday 31st August 2017 at 4pm, unless sold prior. Offers to be presented to hoamz offices, 99 Spey Street, Invercargill.

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45 and 47 Avenal Street, Avenal

Ref: 27075

Web Reference 27075
Property Type Hotel/Motel/Leisure to Buy
Built 1960's
Floor area 400sqm
Land area 1631sqm
Rates $4,804.15
Property Features

Flooring: Carpet, Vinyl

Windows: Aluminium joinery

Hot water: Electric

Exterior Construction: Block

Aspect: North, West

Roof: Longrun

Sewerage: City

Insulation: Insulation in ceiling

hoamz accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify all information.

Avenal