Profitable Accommodation for Sale Christchurch

Why buy this Profitable Accommodation Business

Profitable Accommodation for Sale Christchurch

We are privileged to offer a profitable accommodation business operating close to the central Christchurch. Currently the opportunity is comprised of 14 units (a good mix of studios and 1-bedroom units) with a 4-bedroom spacious Manager's residence. However, there is an opportunity to include part of the Manager's residence as a 15th unit, which will reduce the Manager's residence to 3 bedrooms.

The location is excellent being on the main route into Christchurch city from the north, and only a few minutes' drive from the Christchurch CBD and the new Te Kaha Stadium, which is planned to cater for sports and entertainment events. An excellent range of amenities are just a short walking distance from the motel and include a supermarket, service station, retail butcher, liquor store, bar, takeaways, bakery, cafes and other food outlets.

This business is ideal for a family, and is in the zone for excellent schools, including Christchurch Boys' High School and Christchurch Girls' High School. It is also relatively close to many private secondary schools, including St Andrew's College and St Margaret's College, and the preparatory school Selwyn House.

The business has been successfully operated by the Vendors for approximately 6 years, but with their growing family they are now seeking new horizons, creating an opportunity for a lucky Purchaser. The lease of this property still has over 30 years to run, and the property owner is based near Christchurch. So, with everything in place, and the new Te Kaha stadium due to open within the next year, now is the time to purchase a business catering for accommodation for people coming to Christchurch. Enquire now!