Hotel Motel Leisure for Sale

65 Broadway Stratford, Stratford District

Name: Hotel Motel Leisure for Sale - 65 Broadway, Stratford, Stratford District 4332
Address: 65 Broadway, Stratford, Stratford District, 4332, New Zealand

Buyer Enquiry Over $1,200,000Floorplan

Building: 520m²
Land: 2,479m²

Contact the agent if you'd like further information.

Enquire with Agent

Hotel Motel Leisure for Sale in Stratford

Earn a high-yield income where you live

Building: 520m²
Land: 2,479m²

Next Steps:

Enquire with agent

Additional Information:

Floorplan

Situated on an expansive 2,479sqm of freehold land and strategically positioned facing State Highway 3 in the heart of Stratford, this well-established 8-unit motel complex offers a diverse range of accommodation options, including two self-contained 2-bedroom units, five 1-bedroom units, and one queen studio unit. The property also includes a spacious 3-bedroom manager's residence (a large character home).
With three permanent tenants, the property provides hassle-free income in a high-demand, high-yield market segment.
Strategically located, within walking distance to the TOWN centre, the location offers guests close access to local attractions, dining, supermarkets and shopping.
This property presents significant opportunities for a prospective buyer, with its prime location, generous land area, and the strengthening tourism market making it an outstanding investment opportunity.
A hands-on investor would be able to add value to this well-positioned, commercial opportunity.

KEY FEATURES:

Generous freehold land comprising 2479sqm
Total build footprint area of 520sqm
$128,326.47 net rental income
Fully managed
Total 8 units plus a large character home as manager's residence and reception
Solar panels installed for sustainable energy
A very attractive property with room to add more value for the future
Just 22 minutes drive to Mount Taranaki and approximately 30 minutes to New Plymouth CBD
Account statements for the last two years are available on request
A registered property valuation report from CBRE, prepared in March 2023, is available upon request

DOWNLOAD FILES: www.rwnewplymouth.co.nz/NWP30895 scroll down to bottom to see list of available documents.
*NOTE: Any technical info provided sourced from RPNZ, Property Guru and Council etc, are broad guides for general information only. We recommend you seek your own independent advice on everything material to your purchasing decision.

Property ID:

NWP30895

Building:

520m²

Land:

2,479m² / 0.61 acres

Zone:

Commercial, Accomodation, Provincial, Average (CA)

Tenancy:

Vacant

Next Steps:

Enquire with agent

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All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.