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Prime Passive L&B Investment Opportunity.

For Sale
Reference #: 
INV518
Price (+GST if any): 
$2,375,000
Price Type: 
Asking Price
Business Type: 
Motels & Motor Lodges
Christchurch City Map
Property Type: 
Land & Building Investments
Region: 
Christchurch City
Christchurch

 

Modern Complex, Great Location, Established Lease, Excellent Return.

 

  • Bealey Avenue Motel, handy to Central Business District.
  • Rating Valuation $2,460,000 as at August 2016.
  • Recent registered valuation available.
  • Positioned to benefit from the downtown rebuild.
  • Attractive, two storey complex of solid construction.
  • 1014 sq. metre site, 617 sq. metre building, 11 years old.
  • 14 units plus 3 bedroom owners apartment.
  • Good mix of spacious, quality fitted self-contained units.
  • Long secure registered lease in place with realistic rent.
  • Enquire now with regards this desirable ‘hands-off’ investment. 
  • A must to investigate for the serious investor!
  • Price: Land & Buildings $2,375,000 plus GST if any.

 

Broker's Details

David Armstrong welcomes your enquiries
027 290 6055
0800 156 780

Disclaimer
This listing information is compiled from information supplied by the vendor and other sources. Whilst all care has been taken to ensure accuracy, prospective purchasers should not rely on the contents herein as a statement or representation of fact, but make their own enquiries to satisfy themselves on all aspects.

Prices listed above are plus GST, if any