Motel close to city and amenities


Asking Price NZD $450,000 + GST (if any)

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Motel close to city and amenities | City | 5513288 |      X Close

Motel close to city and amenities

Entry level motel lease with good income in high traffic location with opportunity to grow.

•19 units consisting of 15 studio and four one-bedroom apartments

•Located close to CBD, Riccarton Mall and Christchurch Hospital

•Attractive street frontage with excellent parking available

•Three bed managers residence with two car garaging

•Current business owner tenure 12 years so motivated to sell and realistically priced

•Consistent results through recent COVID circumstances

•Good lease term with opportunity to improve

The operator is keen to move on and this is the ideal opportunity to purchase a strong income and live in a three-bed home with double garaging close to the city, shopping, and amenities at an entry level house pricing.

Priced at just $450,000 + gst (if any), an opportunity not to be missed.

For further information please contact the agent.