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The Camelot Arms Motor Lodge is a great investment opportunity, just 10 minutes from Auckland Airport and is an easy to run 23 unit property.
Owner’s accommodation is spacious, over 2 levels with direct front office access and spacious conference room used by many local businesses. There is a long lease with good year round occupancies and excellent return
Tom Crawford Tourism and Hospitality Business Broker with Tourism Properties.com said
“The business is priced well at $820,000 and you will be buying a business Lease which commenced in September 2006. A smart move as you are not tying up capital on the purchase of land. The business is well established with a good track record and solid corporate client base” Crawford goes on to say “This is an ideal opportunity for a couple looking to get into the profitable Auckland motel industry or for someone looking for a good return on investment that could be run by a manager”.
Located in the heart of Manukau City, Camelot Arms Motor Lodge is within walking distance to Westfield Shopping Mall and Rainbows End theme park, cafes and restaurants and within easy reach of Manukau's numerous other attractions.
021 278 9200