Prime Property - Prime Location - FHGC - CBD 750m

Invercargill City
Reference: OS439
Motel / Motor Lodge
Land, Buildings and Business $3,490,000

Rarely does an opportunity become available for a motel to be purchased land, buildings and a strongly performing business in Invercargill's accommodation sector.

This is a very attractive complex currently trading very well and went through Covid years quite strongly. An astute purchaser in the Invercargill market will appreciate the $450,000 plus spent on renovations in the last three to five years.

Situated very close to the CBD and surrounded by other useful amenities for guests, the business ticks all the boxes.

The property sits on a nice wide 2,024sqm (more or less) site and has 15 units plus separate manager's residence, which has the three bedrooms, two bathrooms also a generous sized living/dining area flowing on from the kitchen. A large lounge completes the residence, it also has its own private garden and courtyard area.

The quality of the rooms will quickly impress you and this would hopefully have you relax in the knowledge that the quality of the renovations will limit the repairs and maintenance going forward. Motel guests both locals and tourists will very much enjoy the comfort of the stylish and generous space of all the units.

A good mixture of units including five studios, 8 one-bedroom and two two-bedroom apartments. Two studios and two one-bedroom apartments also have their own spa bath. A large cross section of motel guests can be accommodated ranging from individuals, families and large groups.

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, Buildings and Business of this Motel for sale in Invercargill via our website or by phoning DEREK JOHNSON on 0800 263339, DDI 03 927 4277 or 027 240 1285.

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Derek Johnson

Derek joined Coffeys in April 2021. He decided to step up to the plate and help other moteliers & accommodation business operators buy or sell their properties after the challenging year of COVID 19.

Derek brings with him over 18 years’ experience in the hospitality and tourism industry. Managing and owning businesses has been particularly important to him. He owned and operated a large rural hotel for 10 years prior to leasing a successful & highly profitable 19 unit motel in Wanaka (pre-Covid) with his wife Crystal. They have done extensive work on upgrading & modernising the interiors. Also, a lot of effort has gone into landscaping & improving/upgrading outdoor facilities such as the playground. He is very fond of his roses found throughout the property.

His role as the local publican gave him a variety of experiences with the public and within the community, such as sponsorship for all the main local sports teams. Derek loves to chat to people.

SO YES. Derek knows how to market your property and importantly, he also understands how you run your business. Let him help you get the result that you want. Derek says he chose to come to Coffeys as he believes in the brand and their ethics.

Travelling regularly from Wanaka to Dunedin to see his daughter, filling his time in there with projects around the holiday home – although he is not too sure when the ‘holiday’ part starts. His interests are hiking and sports – any kind! Rugby and cricket (which he loved to play), being his favourites. Family time is most important to him.