Rare FHGC With Development Potential In Masterton

U Studios Masterton – Freehold Going Concern or Business Only is seeking new owners. Immediate profit opportunity with villa subdivision underway! This is a business with a strong turnover and net operating profits. Keep or sell the villa and take advantage of being part of the U Hotel Group, a growing NZ accommodation brand with hotels, motels, and residences in Wellington, Nelson, Kapiti, Wairarapa, and Rotorua.

All the hard work has been done in this 10-unit, 4-bedroom villa property in park-like surroundings spanning approx. 4,000 sqm.

The property features:

- 4, two-bedroom apartments
- 6 studios
- 4 bedroom villa
- Swimming pool
- Extensive gardens & BBQ area

Masterton, the largest town in the Wairarapa, offers something for everyone, particularly families. It’s also the ideal starting point for exploring the entire area! Located approximately 1.5 hours away from Wellington by car, Masterton features amenities such as Supermarkets, Wairarapa hospital, cafes, restaurants, entertainment, garages, sports facilities, and much more. Wings Over Wairarapa, Wairarapa Balloon Festival, and Golden Shears are the headline events for Masterton.

KEY FEATURES

- Fantastic year-on-year financials that easily justify the asking price
- A full Registered Valuation from CBRE
- Part of a successful Hotel brand in New Zealand
- Subdivision of Villa from Hotel units
- Development Opportunities on 4,000sqm site
- Long lease period and with a reasonable rent structure
- Part of U Hotel Group with strong SEO, Social media, and Group Support
- High-profit model based on technology and automation.

Opportunities like this do not come often. Call us now as this will sell fast!

For more information or to arrange your private viewing, please contact specialist Business Broker, Suresh Subramaniam, on 022 690 6475 or email suresh@tourismproperties.com.

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Agency reference #: 71391