Property Brokers are pleased to present to the market a rare opportunity to purchase two freehold properties and the highly profitable business of Ormond Street Motel in Woodville, Tararua. The motel operates across two properties on separate titles which together approximates to 3,090m2 and benefits from two three-bedroom houses. One is the quite luxurious owners/managers' accommodation and eight recently renovated motel units, outdoor pool, and large garaging. The other on a separate title has also been renovated, this is a lovely three-bed house with two superb garages.
There are two purchase options.
Option 1. The motel and business, at 45 - 47 Ormond Street buyers over $1,100,000 plus GST if any.
Option 2. The motel and business at 45 - 47 Ormond Street plus three-bed house and garaging, at 49 Ormond Street buyers over $1,550,000 plus GST if any.