Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Superbly Central. Prestigious Managed Apartments.

Christchurch Central

Reference: 1516

Managed Apartments $2,650,000

Located in the heart of the commercial, arts and tourist precinct of Christchurch, offering 67 stylish quality apartments, this is one of New Zealand's truly unique complexes. A versatile mix of stylish full facilities apartments, catering to all sectors of the market.

This business operates as part of a franchise with more than 100 individual properties. This model has seen the franchise grow to more than 125 properties in central business districts, suburban and key regional areas across New Zealand, Fiji and Australia.

The brand is rapidly spreading throughout New Zealand and is gaining a reputation for providing a good level of accommodation at a reasonable price. The apartments are generally more spacious and have more facilities than a normal hotel room, so they are gaining popularity throughout the corporate world.

With 67 apartments, this is an operation with some real horsepower. It may suit an experienced operator who can see the benefits of the economies of scale and the opportunity for tremendous cash flow. With a mix of studio, one, two & three bedroom apartments, there is good flexibility to meet all sectors of the market.

We would welcome your enquiry on these Managed Apartments at $2.65m for sale in Christchurch via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

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