Freehold going concern motel in Christchurch


City

Asking Price NZD $4,500,000 + GST (if any)

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Freehold going concern motel in Christchurch | City | 5513636 |      X Close
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Description

Freehold going concern motel in Christchurch


•Large freehold motel on 1,600sqm plus site

•Over 20 units in high traffic location

•Close to city centre

•Motel business operation included in sale price.

•2019 land and buildings rateable value $4m

Ideal opportunity for savvy investor offering land, buildings and the going concern business

This is an opportunity to cement land, buildings and a business holding close to the city centre.

With the new Christchurch Convention Centre and sports hub due for completion in the near future, along with construction due to commence on the new Christchurch Stadium, this is the ideal time to invest in the accommodation market sector close to the heart of the city.

Further information is available upon completion of a confidentiality agreement.