Liquidation Sale of Sunrise Motel
•Freehold land holding of 2,039sqm (more or less)
•Ample off street carparking
•12 accommodation units plus a 2-bedroom managers unit
•All units including managers unit Recently Re-Furbished
•Storage room and Motel laundry onsite
The Sunrise Motel positioned on 2039sqm (more or less) of prime land is being offered for sale by way of liquidation sale presenting a unique opportunity to secure a tidy 1970's Motel positioned prominently on Ulster Street.
Whether you are an existing investor, a seasoned motelier, or a developer, the potential to unlock this excellent landholding delivers. Presented in a tidy condition with 12 units, and excellent off-street parking.
The large level inner city section is the jewel in this crown, ripe for a future servicing Hamilton's growing tourism market, permanent residential accommodation, and or development. Just a short walk to multiple sporting venues, large supermarkets and the North end of Hamilton CBD.
As a cornerstone in the 'golden triangle', and a region known for its busy sporting and corporate events calendar; Hamilton motels enjoy the benefits of a high occupancy due to visitor demand.
Very rarely do opportunities like this come along with such a sought-after location and large landholding.
Please contact a member of the project team to arrange a viewing of the property.
Asking Price 'Tender' Plus GST (if any)