Looking for a great investment opportunity in the Far North? Look no further than this stunning commercial property located at 50 State Highway 1 in Awanui.
The Awanui Hotel & Motel is a well-established property with a rich history and plenty of potential for growth. The property features two commercial leases, including the popular Awanui Hotel with its pub, dining area, and extensive list of chattels, as well as a lease to a commercial food company.
In addition to the commercial leases, the property also includes 22 motel units, consisting of 18 studio units and 2 two-bedroom units, all of which have been recently refurbished. This makes the property an ideal destination for travelers and tourists looking for a comfortable and affordable place to stay while exploring the Far North.
The property also has the potential for additional commercial leases, making it an attractive option for investors looking to expand their portfolio. With its prime location on State Highway 1 and ample parking space, the property is well-positioned to attract a range of tenants and businesses.
Overall, the Awanui Hotel & Motel presents a unique and exciting investment opportunity for anyone looking to own a piece of the Far North. Don't miss your chance to own this prime commercial property - contact us today to arrange a viewing.