0800 263 339

Attn: Land Bankers / Developers / Holding Income

Christchurch City
Reference: CA433
Motel / Motor Lodge
Land and Buildings $10,950,000 Negotiable

Large parcel of land (approx. 18,881sqm more or less).

Zoned RGA - Residential Guest Accommodation.

Property currently has 3 strong revenue streams with potential upside on rental income.

Licenced Bar & Restaurant, Pokies, TAB, 30 Motel units, High T/O Bottle Store & Office Space

New leases could possibly be renegotiated.

Vendor will guarantee revenue of $375,000 + GST per year for 2 years.

A delayed settlement is offered by negotiation and Vendor finance may be available to approved purchaser.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land and Buildings for sale in Christchurch via our website or by phoning JOHN CONNELLY on 0800 263339, DDI 03 550 0520 or 021 880 881.
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John Connelly

John Connelly has been involved in the Real Estate Industry since 1988 and has sold property in New Zealand, Australia and Fiji.  He has also had business interests and experience in Tourism, Property Development, Business Management and Farming.

His tourism experience is broad, having owned and operated a number of accommodation and hospitality businesses. These include a 42 unit Motor Inn in Christchurch, Management Rights (92 units) on the Gold Coast, an Island Resort in Fiji ,as well as a Cafe & Restaurant/Bar in Christchurch.

John understands and relates well to people, having a common sense approach to business propositions, along with strong communication and negotiation skills. He welcomes new clients with property or businesses to sell and will work diligently with them to transact a successful sale.

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