Prime site, great location and a good lease. The present owners have the complex presented in top condition and the business has shown strong resilience over the last two years of general downturn.
The situation is now changed completely following the recent earthquakes and business is really booming for the city’s motels which is unlikely to change for quite some time. This situation has been brought about by the loss of approximately one third of the city’s bed capacity from the loss of central city hotels and backpackers. Christchurch motels are showing a growing return with the hard work already put in, and further potential apparent.
Located on a main entry arterial to the Christchurch and being so close to one of the city’s largest shopping areas is a real plus. Significant commercial, manufacturing and light industrial areas are also close to the motel.
This is a very good opportunity for someone wanting an easily managed modern motel which offers a good lifestyle and could easily be operated by one person. The units are a pleasure to view and are glazed with hush glass, making the units surprisingly quiet for such a high volume traffic area. A delightful entry level motel.
We would welcome your enquiry on this motel for sale in Christchurch via this website or by phoning ALAN IRONSIDE on 0800 263339, DDI 03 550 0465 or 027 522 1689.