16 McKenzie Street, Geraldine, Timaru, Canterbury

A fantastic business opportunity on the main tourist highway between Christchurch to Queenstown. Situated within the vibrant town of Geraldine this business gem is an opportunity not to be missed. Colliers is pleased to present this well-established and profitable freehold accommodation business, offering an exceptional opportunity for both owner-operators and investors to secure a foothold in one of South Canterbury’s most popular tourist destinations. With a strong trading history and a solid reputation for quality service, the Andorra Motel benefits from Geraldine’s consistent tourism flow, ensuring a steady stream of guests year-round.   Set on a generous 4,115 sqm freehold landholding, the property provides not only ample space for current operations but also exciting potential for future expansion. The motel comprises 14 efficiently designed units that maximise operational flow and revenue potential. A central swimming pool and landscaped outdoor area further enhance the guest experience.   Complementing the motel units is a substantial private six-bedroom, three-bathroom residence. Ideal for owner-occupiers or as an additional income source, this home adds versatility to the offering. The combination of established profitability, future growth potential, and multiple income streams makes the Andorra Motel a compelling investment opportunity.   The freehold going concern is being offered for sale by Price by Negotiation. For further details or to arrange a viewing, please contact the sole agent.  Please note, boundary lines are indicative only.

Features:

• Large 4,115 sqm land area
• Freehold going concern for sale
• 14 motel units
• Proven and profitable business
• 960 sqm floor area (approx.)
• Additional motel unit development potential
• Large private six-bedroom, three-bathroom house
• Central guest swimming pool
• Business trading well with strong future bookings

More information: https://www.colliers.co.nz/p-NZL67035390