Rare Land & Building Investment
Christchurch ref. 1506
Rare Land & Building Investment
Land & Buildings $1,650,000

Even in the recent real estate market, the demand for well leased land & building motel investments has remained strong.  There are a number of good reasons for this, these can be read in a separate article via this link.

We are pleased therefore to offer the land & buildings of this modern and busy Christchurch motel.  The property is located in an area where there is high demand and a relative shortage of accommodation, meaning that it has always enjoyed excellent occupancy and revenue since opening in 2003. 

The complex is comprised of 10 units plus three bedroom managers residence.  The 40 year lease commenced in April 2003 and has two yearly rent reviews.  With the motel operator being responsible for all outgoings, the landlord receives the full rental, free of any deduction.

We would welcome your enquiry on this motel investment for sale in Christchurch via this website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.


Rare Land & Building Investment Rare Land & Building Investment Rare Land & Building Investment
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Address:
PO Box 36 092, Merivale
Christchurch 8146
New Zealand

Freephone:
0800 263 339

Telephone:
+64 3 366 9040

Fax:
+64 3 366 9051

E-mail:


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