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New 12 Unit Development to be built

For Sale
New 12 Unit Development to be built
New 12 Unit Development to be built
Reference #: 
LH712
Price (+GST if any): 
$600,000
Price Type: 
Asking Price
Business Type: 
Motels & Motor Lodges
Nelson and Marlborough Map
Property Type: 
Lease
Region: 
Nelson & Marlborough
State Highway One
Blenheim

The development enjoys a prime main street State Highway 1 location.

There is a spacious 1,800m2 site with excellent street profile and a wide frontage. Plans allow for 12 spacious well configured studio, one & two bedroom units fitted and chatteled to a high standard. For the owners there will be separate 3 bedroom accommodation and office reception.

As a new development on offer is a 35 year lease with generous concessional start-up rent.

This is a genuine ground floor opportunity that demands investigation!

Broker's Details

Jon Armstrong welcomes your enquiries
0274 555 370
0800 555 370

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