www.nzbizbuysell.co.nz/110030
Ad ID: 110030

Motel for Sale Christchurch

Prime Motel Location - Great Opportunity!!

Location:
Asking:
$495,000
+GST (If Any)

Why buy this Motel Business

Motel for Sale Christchurch

Quality modern (under 20 years old) two-storeyed 12-unit motel in a highly-visible prime location. The location is outstanding - in Riccarton Road within a couple of minutes' walk from Westfield Riccarton Mall in a niche location close to Deans Bush, a New Zealand native bush woodland area. A very comfortable 3-bedroom, 2-bathroom Manager's residence with a private courtyard area complements the accommodation offering. Excellent on-site car-parking.

The location, along with the modern motel offering, makes this a popular sought-after destination for guests visiting Christchurch. The motel has a special economical heating system, and a number of units also have reverse cycle heat pumps installed for guest comfort. The design of the complex incorporates features to make the business more easily managed., which assists a motel operator.

This motel business has performed well since its establishment because of its prime location and accommodation offering.

The motel has approximately 17 lease-years remaining (until 2039). Our Vendor, through another Company, owns the freehold and is prepared to negotiate additional lease-years if required.

This is a rare opportunity to secure a modern quality motel in a key location at a time when borders are re-opening and tourism is returning to New Zealand. Our Vendor is also very motivated to sell. Take advantage of this opportunity - make the call today!

For more info
Contact: Athol McCully

Athol McCully

Athol McCully
027 433 8052 or 03 3719 126
Anytime
Harcourts Grenadier RE
Licensed REAA 2008
Broker Ref: CIC57634

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