nzbizbuysell.co.nz/97521
Ad ID: 97521 Inactive

Investment Motels for Sale Blenheim

Investment Property Blenheim

Location:
Asking:
Land and Buildings $2,300,000

Business for Sale Description

Investment Motels for Sale Blenheim

This strategically placed motel is the first on the right coming from the South and consists of 12 units. Made up of 4 two-bedroom, 3 one-bedroom and 5 studio units which gives the operator good options to cover different requirements. All the units are tidy and well-presented and there are a number with covered carparks.

A good-sized swimming pool and BBQ area is an additional feature of this property.

Very large 4,062 sqm section (over three titles) with room for possible expansion. (Further development would require the appropriate consents and we have not enquired with the local Council as to the feasibility of this.)

This is an opportunity to purchase a sought-after land & building investment in the accommodation industry. These investments offer a number of advantages over other types of commercial and residential property investment. Long secure leases for which the lessee has paid a healthy ingoing price, net rental with all the outgoings and expenses paid by the lessee, including rates, maintenance and insurance. A separate article outlining our thoughts on this matter is available at www.coffeys.co.nz/News-Articles/Motel-Land-Building-Investments.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land and Buildings 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.

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