Riccarton Well Positioned Motel + 3Bed 2Bath Home

Christchurch City
Reference: CA890
Motel / Motor Lodge
Business Lease $695,000

Situated on Riccarton Road close to Riccarton Mall, Christchurch Public Hospital, Addington Raceway and Christchurch Railway, this property has the positioning to be a high performer for a long time.

This complex has modern chattels in all of the 18 units and a mix of unit sizes that will cater for any type of clientele.

Studio units, three of which have spa baths, cater for the large corporate clientele. 2 x two-bedroom and 4 x one-bedroom units cater for families and other larger groups.

Restaurants and cafes along with a huge variety of shopping is all within walking distance, as is the picturesque Hagley Park and Parakiore Recreation and Sport Centre.

A three-bedroom, two-bathroom (master ensuite) manager's residence with adjoining office make this a great place for the operator to enjoy a bit of extra space.

An Information Memorandum is available to download from our website coffeys.co.nz.

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

We would welcome your enquiry via this website or direct to JOHN CONNELLY.

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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.