The Avalon Motel is an easily managed 10-unit motel and is very conveniently located for getting around Christchurch, being approximately 2km from the city centre.
Currently, all 10 units are let out under contract but still has the business owner living on-site and are fully managed as usual with servicing etc. This has had the beneficial effect of more than doubling the profit compared with when fully operated in the 2017 financial year as accommodation for visitors to the area. The current contract expires on 29 October 2021. The contract can be ended at any time with one 1month's notice if a new owner does not want to proceed with this arrangement.
The manager's accommodation is on 2 levels with 3-4 bedrooms and a comfortable open plan living area.
Being an older complex, it has spacious units all with full kitchens which have made it very popular with guests. If run as a motel again it offers guests a good choice of budget accommodation options with units comfortably sleeping from 1 to 5 people.
As the owner is ready for a change after operating this motel business for over 9 years, this is a very genuine sale.
The size of the motel makes it ideal either for a couple or for one person to operate with part-time help.
Avalon Motel offers you the chance to make that lifestyle change and work for yourself in a manner that suits you best.
Contact Sally - 021 988 138 for further information.
Price $295,000
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