SOLD - This listing was sold in November 2019.

Situated close to the center of the rapidly expanding town of Carterton -in the heart of the Wairarapa is the ONLY motel in this thriving town.

The Matador Motel with 10 recently renovated units is perfectly situated for the growing numbers of visitors to the Wairarapa.

Events such as Wings over the Wairarapa, the Balloon festival and numerous food and jazz events at the nearby wineries virtually guarantee a strong occupancy.

Included is a cooling swimming pool, ample parking and a spacious owners house.

Available as a freehold and business sale, this represents a unique opportunity for new owners to add to its strong customer base and enjoy a great lifestyle whilst at the same time growing the business and income.

With the freehold being sold along with the business the new owners are insulated from rising lease costs and this presents an opportunity to sell the business lease in the future and maintain an income from the property.

Motels in the Wairarapa are hot property!

Call Rachel for further information and/or to arrange a private viewing.