SOLD: Christchurch Motel – Land, Buildings and Business
Property Overview
An extremely rare opportunity to acquire a Christchurch Freehold Going Concern Motel
We like to call this the complete package – Land, Buildings, Chattels, Goodwill, and the trading business.
A freehold Going Concern motel provides full control and the freedom to operate without the constraints of a Lease, offering buyers a unique blend of independence, growth and income. This is an exceptional opportunity for an owner-operator or investor looking to establish themselves in the accommodation sector, with further development options.
What we like:
- Large Land Holding circa 2763 sqm ( zoned Residential Suburban ).
- Capital Value $2,600,000
- Close proximity to Christchurch airport and centrally located.
- Profitable long-established business.
- 10-unit motel with larger older style units (6 x 2brm & 4 x 1brm).
- Separate spacious standalone 4brm owners residence.
- Engineering NBS rating 100%.
- Other rental income options with longer stay residents.
- Many options to enhance or improve the complex including concept plans for further motel units.
- Strategic landholding for future redevelopment.
- Options to sell down a new lease.
- www.bellebonne.co.nz
With genuine long-term vendors now retiring from the industry, this is a great chance to secure this motel, land, buildings, and business. Offering multiple options for an astute purchaser, this gem is ready for you to add your personal touch and take it to the next level.
Holding income and underlying land value with future development options is a sure recipe for success with this commercial property.
We welcome all enquires, for more information and to explore this investment opportunity, contact specialist Business & Commercial Broker Adam Berry, on 021409441 or email adam.berry@tourismproperties.com
