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Property Ref: 71323
Clifton Court Motel, Tokoroa. LEASE for sale.
Your Gateway to Accommodation Success!
Clifton Court is a fully renovated 18-unit opportunity for savvy investors. Located in a booming regional area, this gem has a well-deserved reputation for exceptional service. With a long lease in place, you can build on a solid foundation of loyal repeat family and business travellers. With no need for OTAs the owners have cleverly avoided commissions, using their consistently strong occupancy rates and repeat business to maximise the already high yield. Fully refreshed and with a spacious 4-bedroom owners’ accommodation there is minimal effort for new owners to reap the benefits.
With exceptional occupancy levels for the last 2 years, finishing 2023 at over 80% with strong ADR. In November 2023 alone, Clifton Court Motel soared to a remarkable 90% occupancy rate, underscoring its status as a sought-after destination.
Seize the Opportunity!
Don’t miss the chance to own a piece of regional NZ success, in the heart of growing South Waikato, with expected population growth of almost 10,000 people by 2053. The draft District plan includes three “Town Concept Plans” for Tokoroa, Putāruru, and Tīrau, and an expansion of the road/rail hub offers huge local growth potential.
Key selling points include –
- Ample Parking: A large car park ensures hassle-free convenience for guests.
- Strategic Location: Adjacent to a major truck stop and direct access to the South Waikato Sport and Events Centre, positioning Clifton Court Motel as a prime choice.
- Proximity to Amenities: Enjoy the proximity to the South Waikato Indoor Pools, offering a perfect blend of leisure and recreation.
- Solar panels power the fully equipped onsite Commercial laundry, showcasing the owners commitment to sustainable practices.
For more information or to arrange a confidential discussion please contact specialist Tourism Business Broker, Michael Shah, on 022 367 0804 or email firstname.lastname@example.org, we will guide you through the online confidentiality form process, before more information is released.
Full Listing Information for this Tourism Business will be disclosed to registered, approved Potential Purchasers.
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One Off Equipment Purchases
Occupancy and ADR Jan 2023 - Jan 2024
Clifton Court Lease
#1 of 4 small hotels in Tokoroa
Property TypeLeasehold Business