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Boutique redecorated and refurnished motor lodge with attractive aspects. Easy care property. Turn-key business. Walk in and earn with lease returns of 27%+ and freehold returns of 8%+. Better than the bank!
Some FINANCIAL ASSISTANCE available to qualified purchaser.
Good summer season bookings established.
The property is stylish boutique 4.5 Star motor lodge. It is recommended by independent travel sites such as Trip Advisor and Lonely Planet for comfort, cleanliness, friendliness and special little extras.
Located in a quiet area on the city fringe, it is an easy stroll to the CBD. It's the perfect place for a weekend away, holiday, conference or business stay
Why Victoria Lodge
- Very Successful Business with YEAR ON YEAR GROWTH
- Well positioned on Page 1 of Google (www.google.co.nz )
- Fully functional and successful website
- Listed in Lonely Planet 2008 and 2009
- Great central location. 2 minutes walk to CBD
- First time, long 30 year lease
- Brand new quality refurbishment August 2010 means few maintenance costs
- Cosy designer studios for 1-3 people
- Executive, self-contained townhouse apartments for up to 7 people
- Unique private hot pools in studios
- Warm and cosy thermal heating in all rooms
- SKY TV
- Wireless internet available
- Guest laundry available
- Free off-street parking
The property is in a prime location, very close to the CBD, shops, restaurants, cafes, bars, attractions, activities, events venues. Walk into the city in a few minutes. Almost every attraction is easily accessible with the furthest being just 20 minutes drive. The Lodge is situated in a residential zone, close to well regarded kindergartens, primary and secondary schools
Price and Package
$1,671,000 New Zealand dollars plus GST (if any) for FHGC
$400,000 New Zealand dollars plus GST (if any) for 25 year lease
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