Kua Tangohia
• Solid tenant on a long lease
• Hands-off investment
• Popular motel with strong occupancy rates
Discover a secure investment opportunity with this tenanted motel located in the heart of Waihi. The property is currently leased to a reputable tenant, offering a stable income of $79,993.04 per annum plus GST and outgoings.
Situated in a prime location, this motel features 10 ground-floor units, ranging from studios to family units. This diverse range of accommodation options ensures a steady stream of income from a variety of guests.
The property's low maintenance nature adds to its appeal, with the tenant responsible for day-to-day operations and maintenance as well as paying into an annual fund for projected works. This makes it an ideal investment for those seeking a hassle-free income stream.
Don't miss out on this opportunity to add a profitable tenanted motel to your investment portfolio.
Call to arrange a viewing and secure this prime investment in Waihi
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.23 km | 3 | 1 | 83m2 | 2024 03 28 | $540,000 | Council approved | ||
0.21 km | 3 | 130m2 | 2024 02 26 | $750,000 | Council approved | |||
0.19 km | 3 | 1 | 93m2 | 2024 02 01 | $620,000 | Council approved | ||
 | 0.21 km | 3 | 1 | -m2 | 2024 02 01 | $750,000 | Council approved | |
 | 0.30 km | 2 | 1 | 76m2 | 2024 01 31 | $415,000 | Council approved |