Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Modern Motel Land and Buildings Investment

Christchurch City

Reference: 1307

Land and Buildings $2,200,000 plus GST if any

We are proud to offer to market this very rare offering of a modern 6-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 an investment property in the tightly held Christchurch & South Island accommodation industry.

Strategically located, excellent design, presentation and quality, well-maintained complex are part of the package.

Along with a recent engineering report providing a favourable NBS rating, it all adds up to make this a compelling investment opportunity.

With the likely cost of building & 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.

A new 35-year lease with negotiated market rent is to be issued to the current operator, providing great long-term security for a passive investor.

Once again, motel land and building investments can be hard to find, particularly in high profile main centres such as Christchurch.

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

We would welcome your enquiry on the Land & Buildings at $2.2m of this Motel for sale in Christchurch via our website or by phoning ADAM BERRY on 0800 263339, DDI 03 550 0520 or 021 409 441.

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