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Property Ref: 4703
Westport Motor Hotel, Freehold Investment For Sale
Property Type: Investment Opportunities, Hotels
Sale Type: Freehold Investment
Region: West Coast, South Island
Physical Address: 201- 207 Palmerston Street, Westport
Price: FREEHOLD INVESTMENT, asking $2.2mil. +GST if any
Broker: Dilan De SilvaMobile: +64 27 444 9692
Don’t miss out on this passive investment opportunity on the Coast!
- Superb main street location
- Freehold Land & Buildings on 4231m² (more or less)
- Long Term lease in place – Lease Expires in 2050, Rental Income $150,000 PA + GST
- The Buildings have been upgraded to the latest building standard code and has a NBS rating of 67%. The PS4 is available in the Documents tab
The Hotel complex has been upgraded and offers 27 well appointed 4 star guest rooms. Restaurant, 2 bars (house bar and public bar), fully serviced conference facilities and a wholesale liquor outlet.
While this is the Freehold Investment (Land and Buildings) for sale, please note that the Leasehold (Business) is also for Sale (Check the other listing 27119) A buyer has the opportunity to combine both offers and create a Freehold Going Concern.
If you’re looking for a hot spot Liquorland outlet, restaurant & bar, conference and 27 motel rooms, offering a wonderful work/life balance and great income, then contact Dilan now.
LEASEHOLD BUSINESS (LINK HERE)
While this Freehold Interest (Land and Buildings) (ID 4703) is for sale, please note that Dilan also has the Leasehold Interest (Business for Sale) (ID 27119) for Sale. If you would like to know more, please register here on our website, and then navigate to the Documents tab above the main image, and request access to the confidential information therein, thank you.
Top of the West Coast
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Westport Hotel - RV
Westport Hotel - Lease
Westport - PS4 Report
Westport Hotel - Title
Property TypeInvestment Opportunities
Sale TypeFreehold Investment
RegionWest Coast South Island
Physical Address201- 207 Palmerston Street, Westport
PriceFREEHOLD INVESTMENT, asking $2.2mil. +GST if any
Dilan De SilvaTourism, Hospitality & Leisure Business Broker
Canterbury, Marlborough, Tasman & West Coast
International: +64 27 444 9692
NZ Mobile: 027 444 9692