Racecourse Motel, Paeroa

Established Paeroa motel business close to the Hauraki Rail Trail and within easy reach of the Coromandel, offering ten refurbished ground-floor accommodation units in a mix of studio and family configurations. A three-bedroom owner-manager's residence, reception, on-site parking and an outdoor barbecue area complete the property, with the business trading on a long lease running through to 2050. Average occupancy sits in the mid-60s to 70 percent range across a broad guest base of corporate travellers, families and visitors touring the region's cycle trails, leaving room for an incoming operator to grow trading further.