74 Pascal Street, Palmerston North Central, Palmerston North
price TBC
Arena Lodge Motel - A unique business opportunity
Property Brokers are pleased to bring to market an exciting business proposition, by way of the business lease for Arena Lodge adjacent to the Central Energy Trust Arena in Palmerston North. The current owners have sought to maximise their opportunity to leverage income from the Arena facility, which is now benefiting from a $17 million investment. The Arena is a leading multi-use sports and events facility that takes close to 3000 bookings a year, is home to 36 sporting codes and hosts a wide range of trade shows, exhibitions, weddings, dinners, conferences, meetings, seminars, festivals, concerts and leisure events year-round. As a result, the business now benefits from a strong and loyal client base, which the current owners have nurtured over time. With clients returning year after year to Arena Lodge not only due to its advantageous proximity to the Palmerston North Arena, but they also enjoy staying in superb quality apartments with a wide range of accommodation options catering from individuals to large groups and teams. For any perspective manager or owner occupier, Arena Lodge can be managed by a single person and for your family, includes a superb four bedroom centrally heated home with a double garage and a private enclosed garden.
74 Pascal Street, Palmerston North Central, Palmerston North
Web ID
BC89195
price TBC
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