AD ID: 134353

Motel for Sale Christchurch

Location:
Asking:
$825,000
plus GST (if any)
Type:

Lucrative 19 Unit Riccarton Motel Business Beckons

Motel for Sale Christchurch

Why buy this Motel Business

Motel for Sale Christchurch

Current owner/operator wants to retire; thus, offering you an exceptional opportunity to add your personal touch and take this established and well-performing motel to the next level.


Key Features:

• Proven performer, with upside

• Extensively renovated and refurbished

• 19 guest units (could be 20); versatile configuration

• 3-bedroom manager residence

• Prime location, second to none

• New long lease

• Realistic Vendor; priced to sell


The Business Opportunity:

The current owner/operator has invested significantly over the last few years to fastidiously upgrade and transform the property into a modern, well-appointed motel both inside and out. Reap the benefits. All the hard work has been done.


This well-located motel along sought-after Riccarton Road is just minutes from Hagley Park, Christchurch Hospital and Christchurch CBD, a handy location that appeals to a broad mix of domestic and international clientele for both short-term and longer-term stays.


The motel boasts of having 19 modern self-contained guest units (15 x studio and 4 x 1 bedroom) plus a self-contained 3-bedroom manager's residence and office; a configuration that promote streamline operation and a loyal customer base.


A new long lease will be put in place; providing you confidence for future ownership and assurance of a secure long-term tenure/investment.


This lucrative motel business is priced to sell at only $825,000 + GST (if any). Vendor financing may be considered - subject to offer and buyer's financial standing.


The opportunity to secure your future and be part of Christchurch's thriving accommodation & hospitality sector is now.


Contact Harry Lim on 021 402 242 for more details and viewing arrangements.

For more info Contact:

Harry Lim

021 402 242
Harcourts Grenadier RE
Licensed REAA 2008
Broker Ref: L42356845
Harry Lim
Harcourts Grenadier RE Ltd.

Save or share this opportunity

Email to a friend / myself
Similar Business Opportunities: