A FREEHOLD with an amazing future
Bay of Plenty
Refer to Broker
About this business for saleA FREEHOLD with an amazing future
An opportunity not to be missed. Seldom do we see freehold investments on the market - if so, they are snapped up quickly!
Located in the very busy town of Whakatane, the Naumai Motel is a solid 3 star motel built in the 1970s - the motels construction consists of brick/concrete & tile/iron roofing.
This Naumai Motel sits on a huge 3,037M2 (approx) on three separate titles (with floor area of 820M2, approx)
+64 9 555 6055
+64 22 156 9330
*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.