45 Ruahine Street, Hospital, Manawatu

New 30 year lease term - Selling under the hammer!

- 39 Motel Units\n- 30 year lease term\n- Modern design, very well maintained\n- Immediately adjacent to Palmerston North Hospital\n- Huge traffic flow on main arterial route\n- Vendor is very committed to selling on auction day\n\nThe location is second to none, on Ruahine Street and directly opposite Palmerston North Hospital, the source of many guests. The convenience is obvious.\nA new 30 year lease term (ex 1 February 2013) makes this a superb passive investment for any property portfolio or private investor to consider. Modern design, and recently repainted and upgraded with a newly added cafe/restaurant and established conference facilities. The 39 Motel units are of mixed sizes and complimented by 41 carparks. Good quality motels of this calibre do not come onto the market frequently. This is a wonderful passive investment opportunity. Our vendors instruction is to sell on auction day.