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Highly Successful Motel Lease Available In South Waikato For Sale

Tokoroa, Waikato, New Zealand
Asking Price:
$1,350,000 (NZD) Furniture / Fixtures included
Sales Revenue:
$800,000 (NZD)
Cash Flow:
Available on request

Your Gateway to Accommodation Success!
Clifton Court is a fully renovated 18-unit opportunity for savvy investors. Located in a booming regional area, this gem has a well-deserved reputation for exceptional service. With a long lease in place, you can build on a solid foundation of loyal repeat family and business travellers. With no need for OTAs the owners have cleverly avoided commissions, using their consistently strong occupancy rates and repeat business to maximise the already high yield. Fully refreshed and with a spacious 4-bedroom owners’ accommodation there is minimal effort for new owners to reap the benefits.


Seize the Opportunity
Don’t miss the chance to own a piece of regional NZ success, in the heart of growing South Waikato, with expected population growth of almost 10,000 people by 2053. The draft District plan includes three “Town Concept Plans” for Tokoroa, Putāruru, and Tīrau, and an expansion of the road/rail hub offers huge local growth potential.

Key selling points include
* Ample Parking: A large car park ensures hassle-free convenience for guests.
* Strategic Location: Adjacent to a major truck stop and direct access to the South Waikato Sport and Events Centre, positioning Clifton Court Motel as a prime choice.
* Proximity to Amenities: Enjoy the proximity to the South Waikato Indoor Pools and the nearby Cougar Park MTB Park, offering a perfect blend of leisure and recreation options for guests.
* Solar panels power the fully equipped onsite Commercial laundry, showcasing the owners commitment to sustainable practices.

Business Overview
With exceptional occupancy levels for the last 2 years, finishing 2023 at over 79% occupancy with strong Average Daily Rate (ADR). In November 2023 alone, Clifton Court Motel soared to a remarkable 90% occupancy with an ADR over $140, underscoring its status as a sought-after destination.

Property Information

Real Estate:

Lease

Lease Terms:

The Lease has 28 years remaining. The next Rent Review is not due for two years until February 2026.

Leasehold Rent:

$300,000 (NZD) per annum

Living Accommodation:

Very comfortable 4 bedroom owners accommodation located on site.

Location:

Located on the main road of Tokoroa township, in the heart of South Waikato.

Business Operation

Years established:
50 years

Other Information

Website:
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