Superb motel complex in a prime location only minutes to the city centre, but close to a wide choice of cafes, restaurants and bars as well as Christchurch's most popular mall.
The current owners have established an excellent reputation for cleanliness, presentation and being helpful, friendly hosts. This is evident from the amazing reviews that they get. The current guests are a good mix of corporate guests and travelers based in NZ, but will increase with the return of tourism, and the business will increase in value.
Regular maintenance and upgrading is evident in the immaculate presentation and this, together with the added bonus of spacious, well - designed units and the very popular location attracts regular repeat business.
Consisting of 12 spacious units with a good configuration of studio and one and two- bedrooms units these appeal to a wide range of visitors to the city.
- 7 Studio, 3 Executive and 4 deluxe
- 3 one-bedroom
- 2 two-bedroom.
Owner's accommodation, beautifully presented and comfortable with good sized living area and 3 bedrooms, and zoned for many of the most popular schools.
Good lease, reasonable rent, heat pumps in all units and no overdue maintenance all a bonus to new owners. Having regular clientele who have supported this motel business throughout major road works and, more recently Covid offers new owners the opportunity to takeover a successful business, but to continue rebuilding the business with the return of overseas visitors.
Contact Sally Everitt - 021 988 138 today for more information.
Price $635,000
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