Listing #:4335094075

CARPE DIEM

Location: New Plymouth, Taranaki
Relaunching, so we are asked to present all offers!

With a price guide now at $850,000 and the vendor wanting all offers presented, the time is right to seize this opportunity. Turnover is now approaching pre-pandemic levels and the price guide substantially below market. This is your opportunity to achieve both a revenue increase and profitability while at the same time collecting a capital gain through your purchase.

With the vendor now wanting an urgent sale due to personal reasons, the road is now clear to make your own mark.

This 40 key hotel consists of studios, one-bedroom, and two-bedroom suites. Being positioned close to transport hubs, restaurants, retail and commercial along with entertainment and popular attractions, the location caters to all facets of the hospitality market. The property offers both lifestyle and a ready financial opportunity with Quest New Zealand to secure your presence in the hotel industry.

A highlight is the return of the corporates and events being held in New Plymouth which all point to strong forward bookings to underpin the projected turnover.

Quest is one of the leading proven franchise models in New Zealand offering strong support to new entrants with excellent systems and support processes.

Even if you have looked at this property before, it is now gaining market and financial strength, a rental level within the Quest model and improving bottom line with potential capital gain; now is your time to revisit.

Agency reference #: 4010242
Price on application
Listed: Thu 21 Sep, 2:42 pm
Allen Beagley
Barfoot & Thompson Commercial
  • Contact details
  •  (027) 2202033

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Agent's details

Allen Beagley
  •  (027) 2202033
Greg Scott
  •  (09) 3631626
  •  (021) 390951
Barfoot & Thompson Commercial
(09) 3580989

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