13 units with long lease, plus freehold five bedroom owners accommodation.
This is a truly luxurious Qualmark Four Star Plus complex, which has also been rated as Enviro Silver recognising the operation’s efforts in reducing environmental impact. The units are centrally located, with most enjoying excellent water views. They are very spacious, well appointed and create a real feeling of luxury and class upon entry. Quality follows through to the excellent infrastructure for the operator.
The owners of this business purchased the adjacent modern five bedroom home some time ago. This has now been incorporated in to the operation and provides an excellent office and also the option exists to use part of the property as conference facilities and/or bed & breakfast style accommodation. The house is on 560sqm of freehold commercially zoned land.
With a long lease and fair rental, the bottom line is very solid.
The lease has 28 years to run and is on the market at $600,000. The freehold home and land is on the market at $850,000, being the current rateable value. Both prices exclude GST but would normally be zero rated.
We would welcome your enquiry on this motel for sale in Akaroa via this website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.