Current owner/operator wants to retire; thus, offering you an exceptional opportunity to add your personal touch and take this established and well-performing motel to the next level.

Key Features:

• Proven performer, with upside
• Extensively renovated and refurbished
• 19 guest units (could be 20); versatile configuration
• 3-bedroom manager residence
• Prime location, second to none
• New long lease
• Realistic Vendor; priced to sell

The Business Opportunity: The current owner/operator has invested significantly over the last few years to fastidiously upgrade and transform the property into a modern, well-appointed motel both inside and out. Reap the benefits. All the hard work has been done.

This well-located motel along sought-after Riccarton Road is just minutes from Hagley Park, Christchurch Hospital and Christchurch CBD, a handy location that appeals to a broad mix of domestic and international clientele for both short-term and longer-term stays.

The motel boasts of having 19 modern self-contained guest units (15 x studio and 4 x 1 bedroom) plus a self-contained 3-bedroom manager's residence and office; a configuration that promote streamline operation and a loyal customer base.

A new long lease will be put in place; providing you confidence for future ownership and assurance of a secure long-term tenure/investment.

This lucrative motel business is priced to sell at only $825,000 + GST (if any). Vendor financing may be considered - subject to offer and buyer's financial standing.

The opportunity to secure your future and be part of Christchurch's thriving accommodation & hospitality sector is now.

Contact Harry Lim on 021 402 242 for more details and viewing arrangements.