42 Riccarton Road, Riccarton, Christchurch

Bottom Drawer Investment for the Discerning

- Long term passive investment on Riccarton Road
- Freehold only Motel investment in popular location
- 28 years remaining on initial lease to current tenant
- 18 units plus manager's accommodation
- Exceptional occupancy post and prior earthquake
- Full repairs of cosmetic nature to be completed
- Motels built in 1998 to a high standard
- Vendor's expectations $2,750,000 plus GST if any

With 28 years remaining on current lease this freehold investment opportunity should be considered by all serious investors in this price range.

18 modern, well appointed units maintained by excellent and experienced tenant will continue to show growth in the future.

A passive investment to satisfy any investor.