Business for Sale NZ - New Zealand Business for Sale Specialists
Motel Business for Sale in South Canterbury
Asking:
$1,140,000
Turnover:
Type:
Accommodation
Location:
South Canterbury
Superb Passive Income - Watch It Grow. Motel opportunity with a more attractive return than money in the bank!
Business
Description:
We proudly offer a superb motel freehold land and building investment in a South Canterbury town. There is a long secure lease in place, and the excellent tenants are running the business well. A rent review due soon (and already agreed with the tenants) will provide an attractive return of just over 7% on the asking price.
Here is a "bricks and mortar" opportunity with a more attractive return than money in the bank!
Enquire today to secure your future income.
Business
Resources:
Contact:
Athol McCully from Link - New Zealand Business Sales Ltd (Licensed Agent REAA 2008) on 03 366 3394 or 027 433 8052, any time, or email atholm@linkbusiness.co.nz (Broker Ad ID: 12212)
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