Ad ID: 44010

Motel for Sale Invercargill

Freehold Going Concern motel for sale with consistent turnover and profits. High visibility, attractive street appeal with ample land for expansion. 

Location:
Asking:
$895,000
+GST

Business for Sale Description

Motel for Sale Invercargill

A Motel Complex that Ticks A lot of Boxes!
*High Visibility and Position on Busy Arterial
and Tourist Route
*Situated on the Southern Scenic Route
*Attractive Street Appeal
*Modern High Quality Fittings and Furnishings
*Ample land for Expansion
*Lovely 3 Bedroom Owners Home

Invercargill is widely acknowledged as one of the best motel locations in NZ. The wealthy farming hinterland results in a high number of commercial "reps" who require motel accommodation year round. Invercargill is also the hub of Southland for shopping, hospitalization, business matters and family visits. It is the base for the Southern Scenic Route and Premium Tourist areas including the Catlins, Stewart Island and Fiordland.

My vendors have owned and operated this successful business since 1997 and have invested heavily in upgrading all units, the grounds and the owners accommodation.

The rooms are spacious and very well presented and customer feedback on Trip Advisor indicates a high level of satisfaction!  My vendors enjoy a comfortable lifestyle and are selling to retire.

Business Resources

The Motel is very well managed and a solid core of regulars stay throughout the year.

Broker Comment
Motel apartments is a quality, well established Invercargill Motel in a great location.
The property and rooms are presented to a high standard throughout, there is a nice 3 bedroom owners home, and is being offered for sale at less than $100k above Government Valuation!
This is a good opportunity for a new owner to purchase a sound motel business with consistent sales and occupancy results, well located, and capable of expansion with additional units to add further value.
This Freehold Going Concern is being offered for $895,000 +gst(if any).
Option
There is an option to purchase the Lease only
Further details available to genuine buyer

Please don't hesitate to contact me as I specialize in helping buyers and sellers of motels in Invercargill and throughout New Zealand and I am happy to help you find the right motel for you.

Interested In This Opportunity?

Email To A Friend / Myself

 

Tourism Properties.com
For more info
Contact:

Adrian Chisholm

021 727 888
Tourism Properties.com
REAA 2008
Broker Ref: THL17-1172

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