Ad ID: 57578

Motel for Sale Woodend Canterbury

Close to Pegasus and Ravenswood Developments. Rarely Available Motel Lease in this Price Range. $395,000

Business Description

Motel for Sale Woodend Canterbury

This business represents an affordable entry-level opportunity to join the motel industry at a time when tourism growth is strong and promising even better things to come.

The motel is an easy 20-minute commute to Christchurch International Airport, and conveniently situated close to Pegasus, Kaiapoi and Rangiora Golf Clubs.

Situated on 3,415m2, this 11-unit motel plus cabin is laid out on spacious grounds, enhanced by the sunny and quiet outdoor settings and an attractive swimming pool environment.  Five of the motel units and the cabin are reasonably new, with the balance made up of older units refurbished to a good standard. The current operators have invested significantly in the refurbishment of the units since they took over the business in 2011.

Business Resources

Owners accommodation has three bedrooms and good living area.

If you have been looking for an affordable motel opportunity, with a good long registered lease, then this one deserves investigation.

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