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Property Ref: 58685

Motel Business, Leasehold Interest, for sale in Invercargill

Property Type: Motels

Sale Type: Leasehold Interest (Business)

Region: South Island

Physical Address: 388 Tay Motel, Tay Street, Glengarry, Invercargill, New Zealand

Price: Seeking Offers over $300,000 +GST (if any)

Broker: Adrian Chisholm

Mobile: +64 21 727 888

Email: adrian@tourismproperties.com

Here’s a Great Entry-Level Motel For you!

This well-established 13-unit motel is situated on 2247m² title (approximately) on Tay Street, in the “motel strip”, and is close to the Invercargill CBD.

MOTEL CONFIGURATION

  • 3 x STUDIO UNITS – sleeps up to 2, one accessible
  • 5 x ONE BEDROOM UNITS – sleeps up to 4, one accessible
  • 2 x ONE BEDROOM EXECUTIVE UNITS – sleeps up to 2
  • 3 x TWO BEDROOM UNITS – sleeps up to 6

The large owner’s accommodation features: the motel office, 2 bedrooms, a large lounge, and has an adjoining door to the 13th motel unit if the owners are having family and friends to stay. There is also a private garden and BBQ area to the south of the home.

The large double garage is adjacent to the 13th motel unit and close to the owner’s home.

The leasehold property has been well maintained, and is trading well, and the Landlord’s are prepared to extend the current lease, which currently has 14 years to run.

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.


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Trading Figures

Lease

Lease Variation

Outstanding Customer Reviews, with many repeat customers!

SUMMARY: 158 Reviews  | AVERAGE RATING: ★★★★★

5/5  | Friendly knowledgeable staff, awesome rooms in great location 👍

5/5  | Home away from home. Many thanks Diane

5/5  | Such welcoming hosts, room luxurious. All amenities top notch. Highly recommended. Thank you for our memorable experience

5/5  | Very friendly people helpful with any inquiries we had regarding how to get around the town. The unit was perfect for our group, lovely and clean everything we needed. Totally recommend to anyone wanting a safe secure temporary home.

5/5  | Super clean and easy going ,friendly owners fully recommend

5/5  | Enjoyed my stay. Diana is very lovely and accommodating. The motel was fully booked every night I was there but you couldn’t tell as it was lovely and quiet.

Source: Sample from online review platforms.

Property Details

Property Type

Motels

Sale Type

Leasehold Interest (Business)

Region

South Island

Physical Address

388 Tay Motel, Tay Street, Glengarry, Invercargill, New Zealand

Price

Seeking Offers over $300,000 +GST (if any)

Contact Agents

Business Broker Adrian Chisholm

Adrian Chisholm

PRINCIPAL | Tourism, Hospitality & Leisure Business Broker
Head Office | Otago & Southland
International: +64 21 727 888
NZ Mobile: 021 727 888

Email: adrian@tourismproperties.com

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COMMUNICATIONS MANAGER

English
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凯文 阎

亚洲联络顾问
奥克兰,基督城和皇后镇(新西兰),布里斯班(澳大利亚)和亚洲
国际电话: +64 27 726 8888
新西兰手机: 027 726 8888

电子邮件: kevin@tourismproperties.com

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