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Prime Passive L&B Investment Opportunity.

For Sale
Reference #: 
Price (+GST if any): 
Price Type: 
Asking Price
Business Type: 
Motels & Motor Lodges
Christchurch City Map
Property Type: 
Land & Building Investments
Christchurch City


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

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