Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

High Powered Branded Business - Great Returns

Christchurch Central

Reference: 1459

Business Lease $1,450,000

Part of the very well performing Bella Vista franchise and one of Christchurch's best performing motels; the vendors are selling a long 30-year lease.

Ready for the next owners to reap the benefits of all the hard work done since the Christchurch earthquake, this property is beautifully presented with quality chattels and fittings.

The original property had 16 units and 7 apartments next door were then added to the letting pool. These apartments have just been totally refurbished and the property is running with all 23 units available.

The motel is well located close to the CBD and as the city rebuilds it will be ready to take advantage of conventions and sporting events, along with tourism and corporate clientele.

Construction is also underway on the new northern motorway that links onto Sherborne St and with Bella Vista very close to the Sherborne St & Bealey Ave intersection, it should benefit from an increased traffic flow.

High profile and high returns make this a very desirable property and we are expecting good interest, so do not let this chance slip on by.

We would welcome your enquiry on the Business Lease at $1.45m of this Motel for sale in Christchurch via our website or by phoning INKY STOVE on 0800 263339, DDI 03 550 0471 or 021 182 6940.

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