32 Seaview Rd, Paihia, Far North

This 20-unit Motel with 3-bedroom owner's accommodation sits on a 5,270 sqm block of land in an unrivalled location just minutes from the beach and town centre. Offering plenty of promise, the land & buildings are offered for sale. Current lease term has 23 years remaining. A new lessee takes over the business in early June 2025.Some capital injection is required to enhance the property’s true earning potential for the longer term. A great opportunity for a new landlord to team up with a new lessee to stamp their mark on the Bay of Islands tourism scene!Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.We would welcome your enquiry on the Land & Buildings of this Motel for sale in Paihia via our website or by phoning CHRIS WONG on 0800 263339, DDI 09 551 0154 or 021 106 6188.