Ad ID: 76655

Accommodation Motel for Sale Christchurch

Christchurch Motel Gem - Untapped Potential

Location:
Asking:
$458,000

Business for Sale Description

Accommodation Motel for Sale Christchurch

You’ll be hard pressed to find another motel in the city centre offering such space in a relaxing garden setting. This 9–unit motel has an excellent mix of studios, 1-bedroom and spacious 2-bedroom units. The central location is close to Cathedral Square, Southern Cross Hospital, Hagley Park, the Christchurch Casino and many of Christchurch’s main medical, business and sporting facilities

The 3-bedroom / 2 living room Manager's residence is large in comparison to other motel residences, making for very comfortable living for a Manager and their family.  

The business is secured by an excellent lease and rental.  

The motel complex is perfectly positioned to take advantage of: 

• The new Northern Motorway feeding directly into Bealey Ave.

• Christchurch Stadium/Multi-use Arena to be built in 2021.

• Convention Centre opening in 2020.

An astute buyer would purchase now and seize the opportunity to further develop the complex (there is scope to increase the number of units and more) ready for 2020/21.

This Christchurch motel presents an excellent purchase for someone to build on what the Vendors have successfully established and operated.

Make that call today- you won’t be disappointed. 

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Harcourts Grenadier RE Ltd.
For more info
Contact:

Athol McCully

Athol McCully
0272761788
Harcourts Grenadier RE
Licensed REAA 2008
Broker Ref: CIC48887

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