Need Help With Your Property Search?

  • Want to Narrow your Search? Simply use the Search menus on the left. Hold down the Ctrl key to multi-select or deselect options. To search ALL in any category, select nothing.
  • Found a Property that you Like? Click Save This Listing to add to your Saved Listings.
    Add as many properties as you require to your Saved Listings then simply Submit the Enquiry Form and one of our brokers will be in touch.
  • Unsure which Property Type suits you? Read our informative articles to help you make your choice.
  • Can't find a Suitable Tourism Property? Our listings do not represent all of the tourism property investment and business opportunities open to buyers as many owners prefer that their property is not openly advertised for sale. However, we are often in a position to identify the property or business that will be of interest to you so Contact Us to let us know exactly what you are looking for.

Timaru - Stunning Luxury Lease Option!

For Sale
Timaru - Stunning Luxury Lease Option!
Timaru - Stunning Luxury Lease Option!
Timaru - Stunning Luxury Lease Option!
Timaru - Stunning Luxury Lease Option!
Reference #: 
LH514
Price (+GST if any): 
$795,000
Price Type: 
Asking Price
Business Type: 
Motels & Motor Lodges
Canterbury Map
Property Type: 
Lease
Region: 
Canterbury Rural
Timaru

Occupying a prime location on State Highway 1 with views over Caroline Bay, this motel complex is well situated close to the CBD, restaurants and shopping.

There are 12 superior self-contained motel apartments offering guests an excellent mix including spa bath suites.

There is separate accommodation for the owners in a 2/3 bedroom rapartment. Of course the complex has been built to a high standard and been well maintained throughout with quality fittings and chattels. Consequently it enjoys strong commercial patronage which underpins an excellent domestic and international client mix.

The business has impressive turnover and occupancy and there is over 30 years on the lease

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