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Foreshore Motor Lodge in Petone, Business is for sale

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Property ID: THL06-1125
Property Type: Motels
Sale Type: Leasehold Interest (Business)
Region: Wellington
Address: 5 Nelson Street, Petone, Hutt City, Wellington
Price: $750,000 plus gst if any
Ross Larsen
Tourism & Hospitality Business Broker
Phone: (64) 6 374 7991
Mobile: (64) 21 024 23141
Email: ross@tourismproperties.com

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The Foreshore Motor Lodge in Petone, Business is for sale. Price reviewed for quick sale.

The Foreshore Motor Lodge is situated on the northern shores of Wellington's beautiful harbour just accoss the road from the safe-swimming Petone Beach, walking distance to historic Petone with its many restaurants and shops in Jackson Street.

There is easy access to Wellington's road and rail system, Interislander ferries, Westpac Stadium, Te Papa, Petone Workingmens Club, Lower Hutt and Westfield Shopping Centre. 10kms to Wellington CBD, 20kms to airport.

More specifically :

    * 10km to Interislander ferry & Westpac Stadium
    * 12km to Te Papa (Museum of New Zealand)
    * 12km to cable car and downtown Wellington and Courtenay Place
    * 4km to Lower Hutt city centre
    * 200m from Jackson Street, Petone's main street
    * Walking distance to 20-plus restaurants, supermarket and Petone Railway Station
    * Close to seaview marina, golf courses, Petone indoor bowling and cricket, polytech swimming pools
    * Over the road from a safe harbour beach
    * Situated on the northern shores of Wellington's beautiful harbour
    * Walking distance to WelTec

 Accommodation 

 * 15 units:
          o 11 studio sleep 1-4
          o 4 x 1-brm sleep 2-5 with fully equipped kitchen
         

Facilities & Services

    * Microwave
    * Fridge
    * Queen or king-size beds
    * Shower
    * Phone
    * Sky TV
    * Electric blankets
    * Heating
    * Cot available
    * Cooked/continental breakfast
    * Off-street parking
    * Laundry
    * Conference facilities for 8-80
    * DVD players available
    * Internet access available

 Brokers Comments

This property is a well run operation with good occupancies and income. The location is great considering its across the street access to the Petone foreshore. There is a very spaceous managers apartment and the reception area also very large yet cozy.

Certainly well worth looking at is my two pennies worth. 

Website : www.foreshoremotorlodge.co.nz
Contact the Broker

Ross Larsen, the Tourism & Hospitality Business business broker that is acting as the agent for the owner of this property is happy to discuss this property's details with you at any time - refer to the contact details on this page.


Wellington Region Features

Walk to the top of Mt Victoria in Wellington central on a clear, sunny day and feel your jaw involuntarily drop at the view. From the Rimutaka Ranges in the north, to the Kaikoura Ranges in the South Island, on a clear day you could spend hours just admiring what lies before you.

Built on a fault in the Earth's tectonic plate, Wellington has been prone to the odd shake or two. Architects and the city council have worked on producing buildings that not only can survive an earthquake, but ones that are easy on the eye.

Wellington Harbour

Sail or jet ski on one of the most picturesque harbours in the country. Matiu/Somes Island, which was used an animal quarantine station and an internment camp during WWI and WWII, can be visited by boat.

Te Papa Museum

Open in 1998, Te Papa is New Zealand's national museum, which attracts more than 1 million visitors a year. It is home to a range of exhibits, most of which are relevant to New Zealand - whether they be about its geology, history or culture. Throughout the year temporary exhibitions are set up. These showcases are both national and international in nature.

Petone

(Maori: Pito-one) is a major suburb of the city of Lower Hutt in New Zealand. It is located at the southern end of the narrow triangular plain of the Hutt River, on the northern shore of Wellington Harbour. The name, from the Maori Pito-one, means "end of the sand beach"

Petone was the first European settlement in the Wellington  region and retains many historical buildings and landmarks. The first settlers arrived here in January 1840, on the ship Aurora. After the arrival of a second ship, the Cuba, plans were undertaken for the building of the settlement of Britannia on the site. As it sits in what was once the swamp, the earliest settlers found life hard, and the settlement was abandoned after only a few months. A new site was chosen around the shores of what is now the city of Wellington, New Zealand's capital.

Until the 1980s Petone was a thriving, largely working-class town and borough, and the location of large industrial sites. The majority of these, including car assembly and meat processing factories, closed in the 1980s, resulting in gradual economic decline. Petone was an independent borough until local government reform in 1989 led to its amalgamation with Lower Hutt. The suburb has since enjoyed renewed economic growth, using its early European heritage as a draw for tourists and gaining many cafes and shops. Probably it is best known for the Petone Rugby Club which has been one of the world's leading clubs since 1885.

Petone Rotary Fair

The Petone Rotary Fair is a notable local event, held annually event since 1992, that draws people from all over the greater Wellington region to Jackson Street, Petone's main thoroughfare, which is closed off to traffic.

The purpose of the fair is not only to raise the profile of Petone and provide an enjoyable day out, but to raise money for charity. The fair consists of various stalls selling everything from plants, artwork, jewellery, CDs & DVDs, cosmetics, food and drink, etc, as well as musicians, carnival rides, and displays from various organisations such as the New Zealand Fire Service.