• Established motel business | Long term lease
• Ground-floor accommodation and on-site parking
• Established corporate, leisure and family guest base
• Close to Paeroa township, Hauraki Rail Trail and the Coromandel
• Average occupancy approximately 65-70%
An excellent opportunity to step into an established accommodation business with a long lease, comfortable refurbished rooms and further potential to grow.
Racecourse Motel offers 10 ground-floor accommodation units comprising a mix of studio and family configurations, together with a generous three-bedroom owner/manager's residence, reception, on-site parking and outdoor BBQ area. The accommodation has been refurbished and provides a practical, easy-to-manage operation.
The motel caters to a broad guest mix including corporate travelers, families and visitors exploring the extensive cycle trails and attractions throughout the region.
With average occupancy of approximately 65-70%, the business provides an established trading base while still offering scope for an incoming operator to grow occupancy and revenue further.
