Auckland Motel / Hotel . 48 rooms. Fully managed, High Yield/Return

Whangarei Motel business for sale (business only ,not land/building )

Investment of $310,000 cash (not equity) for 50% of the motel business. Other 50% shareholding held by myself.

Long term lease in place (20 years+)
Fully managed by staff and onsite motel manager
Hands off investment with full access to accounts and daily report from managers
High return /yield/profit
Stable /reliable income

You MUST have motel or hotel or accommodation etc experience (either working in the industry or owning similar business etc).
Preferably(not essential )you are based/living in Whangarei or nearby.
Please message me for all information.