Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Riccarton Road FHGC Gold!

Christchurch

Reference: 1629

Land, Buildings and Business: Price by Negotiation

We are proud to offer to market this very rare offering of a modern six year old motel complex comprising 11 units and a 3 plus bedroom, 2 bathroom residence, in arguably one of Christchurch’s premium motel locations.

This presents an extremely rare opportunity to purchase a freehold going concern complex in the tightly held Christchurch and South Island accommodation industry.

Strategically located, excellent design, presentation and quality are all part of the package.

Plenty of options to become an owner-operator, put under management or sell a lease to obtain a market rental income. All make this a compelling investment opportunity.

With the likely cost of building and developing new motels continuing to increase, this further presents an opportunity to purchase a recent new build at an affordable level.

Most importantly a very realistic owner-developer vendor downsizing his investment portfolio.

The property has been under management creating further opportunities for a hands-on operator to increase revenue and profits.

This is an opportune time to secure one of Christchurch’s newest motels.

We would welcome your enquiry on this motel for sale in Christchurch via this website or by phoning ADAM BERRY on 0800 263339, DDI 03 550 0520 or 021 409 441.

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