Home and Income for Sale
Home and Income
Property ID RCH25528In this tough real estate market you need to think outside the square. This Tahunanui Motel lease could be your answer to both your living and working situation.
Why invest more in the same location for a house that's only going to cost you money when you could have a home and a six figure income at the same time?
The owner's accommodations comprises a separate dwelling with 3 double bedrooms, 2 bathrooms, modern kitchen and spacious, sunny living. Working from home offers many benefits and with the secure lease of the motel property (28 years remaining) providing a steady and consistent income, your investment is assured.
The Motel itself comprises 14 total units, with a mix of studio, 1 bedroom and Family units and is particularly popular with sports teams and groups.
The inground pool is popular with guests over summer and the motel is located a short walk to the famous Tahunanui beach, shops and restaurants and just a 5 minute drive to the Airport or Nelson City.
The current owners have a genuine family reason for sale and this could be the perfect opportunity for you, parrticularly with the busy summer season coming up soon!
Please contact Ben Cooper on 021 255 7751 or email now for a full information pack (subject to confidentiality agreement being signed). Asking price $425,000 plus GST (if any) intended to be sold as a going concern therefore zero rated.
Please note that lending requirements differ for motel leases compared to residential property purchase and you will require at least 50% equity for any lending.