A modern motor inn and conference centre in Avondale is for sale with a secure tenant on a long-term lease in an area likely to benefit from the completion of the nearby Waterview Connection linking the State Highway 20 southwestern motorway to the State Highway 16 northwestern motorway.
The Avondale Motor Inn with 18 rooms and a manager's apartment at 85 Ash St is being marketed for sale through Meir Alfassi of Harveys Te Atatu by expressions of interest closing at 4 pm on Tuesday, September 10, with the offers expected to be over $2.3 million.
"The motor inn markets itself as providing luxury accommodation at affordable prices and is close to the Lynmall and the Avondale shopping centres," Alfassi says.
"This large freehold property is a highly desirable prospect for an investor with a long term outlook," he says.
Built around 2000 to replace a former older motel long established on this property, the 853 sq m building area encompasses the manager's accommodation and a small conference facility at the front of the property with a detached two level accommodation block to the rear. The 2064 sq m Residential 6A zoned site also provides parking facilities at the rear of unit as well as for the conference centre. A fully fenced pool complex features in the centre of the property behind the conference facility.
