45&45A Norton Road, Frankton, Hamilton New motel leased to leading operator for sales

Available PropertyFiles:

  • Plans - FINAL COPY.pdf
  • /CT/
    • 3135575-1.pdf
    • 3135576-1.pdf

Property Description

• Approximately 520sqm motel buildings sit on some 923 sqm of land across two freehold titles.
• Initially returning $210,000 plus all outgoings and GST per annum, the lease will run for 20 years with a further 20-year right of renewal.
• This two-level complex contains 15 self-contained studio units, a manager’s office to provide on-site assistance, and a laundry storeroom
• Sitting prominently on a corner site 500 metres from Chiefs rugby fortress FMG Stadium Waikato, and minutes from the city centre
• 17 parking spaces, including two disabled access parks, are available in the sealed yard, ensuring convenient access for motel occupants and their visitors

The complex will be sold by way of a tender closing on Wednesday 2 August.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Millie Liang

Bayleys Real Estate Ltd

Bayleys is New Zealand’s largest full-service real estate company.

09 375 8440   021 968 128   millie.liang@bayleys.co.nz   All Listings

With 10 years specializing in full spectrum of commercial sales & leasing and business sales, Millie has built an extensive network of buyers and vendors and continues to achieve outstanding sales and leasing results — achieving Bayleys Real Estate Ltd award #1 - Most Commercial Sales & Leasing Deals Settled - for 2012, 2013, 2014 and 2015.

Millie has always dedicated to providing the most professional, insightful and customized solutions for her clients, ranging from peddlers to large chain businesses, covering all trades and professions such as clothing, fashion accessories, computer/electronics, health and beauty, Asian supermarkets, tertiary education, food & entertainment hospitality and professional firms.

Confidence in English, Mandarin and Cantonese allows Millie to understand the needs of clients deeply and precisely and make a profound and comprehensive explanation about the properties.

Millie has established a large Chinese clients’ database that adds value continuously.


Contact Wayne Keene

Bayleys Real Estate

Bayleys Real Estate Licensed under the REA Act 2008

+64 21 666 991   +64 9 309 6020   wayne.keene@bayleys.co.nz   All Listings

Wayne has 30 years’ experience in Real Estate and almost this entire time has dedicated it to the hotel and tourism industry.

Wayne started his Real Estate career at Bayleys in 1991 selling and leasing industrial property but quickly turned his focus to the hotel sector.

In 2002 Wayne co-founded Resort Brokers, a specialist brokerage company with a total focus in the sale of Hotels Tourism & Leisure. Resort Brokers became the authority in the industry and remained market leaders in New Zealand for the next 18 years.

Wayne and the Resort Brokers team now enjoy an even larger presence in the hotel tourism & leisure industry with market leaders Bayleys having acquired Resort Brokers in 2020 making Bayleys the largest full service real estate company in New Zealand.

Wayne has a substantial database of hotel owners and investors and leverages off the Bayleys Knight Frank relationship with their international hotel team. This delivers so much more opportunity but most importantly gives clients another choice in the sale of their hotel assets and provides a global representation.

Wayne is actively involved in selling nationally and has a comprehensive understanding of current market trends and nuances in the tourism industry. He can best advise you on strategy around the sale or acquisition of assets in the current market in order to achieve the best possible result for your needs.