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Christchurch Central

136 Bealey Avenue, Christchurch Central, Christchurch

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720sqm Floor area

Private Treaty

(unless sold prior)

Freehold motel with 35 year lease


Deadline Sale
4pm, 5 December 2019
(unless sold prior)

- Highly favoured motel location
- Significant refurbishment recently undertaken
- 15 spacious studio units and two bedroom manager's residence
- 35 year lease from February 2016
- $138,000 + GST and OPEX pa with two yearly reviews.

Freehold motels rarely come onto the market. This popular location with an attractive lease provides the next owner with a long term passive income.
Retiring vendor is motivated for a sale by deadline date.

For Sale by Deadline Private Treaty
(unless sold prior)

5

Dec

Time4pm
Calander
Calendar
Stewart White

Stewart White


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

Features

12 spacious units


And managers residence

35 year lease


From February 2016

Highly favoured


Motel location

Motivated


And experienced on site management

Passive


Income provides long term security

Refurbishment


Near completion