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Hamilton-based John Griffin Realty are predicting trends in the market will make for a great time to sell motels.

Monday 5 October 2015, 12:25PM

By Media PA

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Hamilton-based John Griffin Realty are predicting trends in the market will make for a great time to sell motels.
Hamilton-based John Griffin Realty are predicting trends in the market will make for a great time to sell motels. Credit: Media PA

By Trish Watson

The motel industry has seen a peak in sales over the last few months following on from the upward movement of the New Zealand housing market this year.

John Griffin and Kathie Shepard REINZ accredited motel brokers from John Griffin  Realty Ltd in Hamilton have recognized the trend and can see the future possibilities it could have for New Zealand motels.

“The motel industry is a reflection of the New Zealand economy and culture, New Zealand is becoming more diverse and so is the motel industry,” says Kathie Shepard. “The motel industry tends to lag the housing real estate trends and has shown increased activity over the last couple of months following on from the recent rise in the housing market,” Kathie continues.

“We have seen an increase in enquiries and sales recently, the larger cities are seeing the biggest movement and we predict the smaller towns to follow,” says John Griffin. “We are seeing this happen with properties that have been waiting for quite some time to sell, they are now being snapped up,” adds John.

“If this trend continues there is guaranteed to be a higher demand for motel properties and will make it a great time to be selling motels,” says John.

To strike while the iron is hot and make the most of this current peak in the market contact the experts at John Griffin Realty who can guide you on the way to buying or selling your motel. 

Hamilton-based John Griffin Realty Ltd is New Zealand’s most experienced motel broker. With a wealth of knowledge and involvement in the motel industry John Griffin and Kathie Shepard of John Griffin Realty Ltd have the expertise that could help you sell your motel or guide you through buying one.

John and Kathie are very aware of trends taking place in the New Zealand motel industry and have the foresight to see how that could benefit their clients. This is coupled with their vast experience enables them to provide their lifetime guarantee: “to be there with advice and assistance for the whole of your moteling life.”

Contact John Griffin Realty LTD:

Head Office:

Phone: 07 856 4331

John Mobile: 0274754178

Kathie Mobile: 021979249

Email: info@motel-broker.co.nz

Website: http://www.johngriffin.co.nz/

 

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