Opportunity Not to Be Missed - 22 Units Long Lease

Christchurch City
Reference: CA925
Motel / Motor Lodge
Business Lease $650,000

Well located motel providing comfortable and affordable motel accommodation in Christchurch.

19 studio units and 3 x two-bedroom units in a pleasant setting. Most units have full kitchens and heat pumps.

A perfect base for events and sporting fixtures at the nearby Wolfbrook Arena, Nga Puna Wai Sports Hub and Addington Raceway. A short drive to the new Parakiore Recreation and Sports Centre.

Guests enjoy the outdoor saltwater swimming pool and shaded BBQ facilities. Full guest laundry, plenty of off-street parking and bus stop to CBD at the gate.

Owners' residence is a sunny, private 3-bedroom, 2-bathroom home with conservatory, and private barbecue area.

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 Business Lease of this Motel for sale in Christchurch via our website or direct to JOHN CONNELLY. P: 03 550 0520 M: 021 880 881 E: john@coffeys.co.nz.

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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.