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Redwood

340 Main North Road, Redwood, Christchurch

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1sqm Floor area
18,811sqm Land area SQM

For Sale by Negotiation

Redwood Hotel


- Blue chip location and land opportunity
- Potential to accommodate workers for Christchurch rebuild
- Land area to position temporary accommodation
- Substantial revenue with excellent returns

Located on a main arterial route providing exposure to over 35,000 vehicles daily, the proven reputation and long trading history of the business is further amplified by the substantial net surplus that the business operation returns. Its enviable financial performance will be shared with genuine and qualified purchasers by the vendor upon signing of a confidentiality form.

As a successful hospitality operation, the property comprises five bars, gaming rooms, a restaurant, a reception area and function rooms in the main complex and 28 motel accommodation units, along with a manager's residence and parking for 200 vehicles.

Rarely do opportunities like this present themselves and given the exciting new directions that Christchurch City is heading in, here is a chance for a forward-thinking investor to be part of its dynamic evolution.

Peter Harris

Peter Harris


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

For Sale


As a freehold going concern

Location


Corner of Main North and Prestons Road

Revenue Streams


From accommodation, liquor sales, food, gaming and TAB services