Ad ID: 66456 Inactive
18 Unit Motel for Sale Blenheim Marlborough
High Profile Property. High Quality Earnings.
Business for Sale Description
18 Unit Motel for Sale Blenheim MarlboroughA large double-section frontage allows this property to take full advantage of a great presentation. This 18 unit motel has a good mix of unit sizes which allows the operator very good flexibility to cater for most accommodation requirements.
The presentation of the units are of a very high standard with quality fixtures and furnishings and very upmarket chattels. A swimming pool and barbeque area offers more options for enjoyment for the clientele.
The owners residence consists of three bedrooms and two bathrooms, and provides the same experience in quality as offered in the units, so a good place for the operator to enjoy private time.
This motel has always been a high achiever and as the returns will show, a solid return for the operators. Blenheim is still developing at a very speedy rate, with large corporate companies like Mitre 10 and Countdown to name a couple who have seen the prospects of the rapidly growing area. The wineries are probably the biggest attraction for the area as they produce world class wines and employ a lot of people as well as bringing a steady flow of corporates to the area.
Tourism is still one of the biggest earners of overseas funds and motel operators are enjoying the flow-on benefits from this. Blenheim in particular has been one of the areas that have benefitted from the Kaikoura earthquakes and will do so for some time yet with a very large amount of work still to done. This is a high profile high earner business and will be in demand, do not miss this opportunity.
We would welcome your enquiry on the Business Lease at $1,150,000 of this motel for sale in Blenheim via our website or by phoning INKY STOVE on 0800 263339, DDI 03 550 0471 or 021 182 6940.