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Attractive Motel Lease, Christchurch.

For Sale
Attractive Motel Lease, Christchurch.
Attractive Motel Lease, Christchurch.
Attractive Motel Lease, Christchurch.
Attractive Motel Lease, Christchurch.
Attractive Motel Lease, Christchurch.
Attractive Motel Lease, Christchurch.
Attractive Motel Lease, Christchurch.
Reference #: 
LH469
Price (+GST if any): 
$639,000
Price Type: 
Asking Price
Business Type: 
Motels & Motor Lodges
Christchurch City Map
Property Type: 
Lease
Region: 
Christchurch City
Christchurch

 

This is an attractive Motel Lease opportunity that ticks all the boxes... Enquire now and compare!

Well above Christchurch motel industry normal financial results are currently being achieved by this business resulting in the profit showing a return of over 30% on the on the asking price.
 
  • Genuine vendor circumstances has bought this motel to the market early.
  • Pleasant, sunny north facing complex on Main North Road.
  • 16 immaculately presented units located central to the city and airport.
  • Handy to nth/sth by-pass, Northlands Mall & St Bedes College.
  • 7 well appointed modern suites plus 9 up-graded well maintained units.
  • All units are double-glazed and away from traffic noise.
  • 8 x studio, 7 x 1 bedroom and 1 x 2 bedroom units.
  • All are fully self-contained including one with spa bath.
  • Excellent utility facilities including full commercial laundry.
  • Superior, modern, spacious 4 bedroom (2 with en-suite), owners residence with own out-door living area.
  • Currently achieving very impressive turnover, occupancy and profit.
  • Long lease and favourable rent complete this attractive motel lease package.
  • An early enquiry and viewing is recommended.
  • Price - lease $639,000 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