Genuine Quality, Prime Location, Affordable Price.

  • Asking price: $399,000
  • Listed: Tue 18 Jul, 10:43 am
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Listing #: 1373940314
Location: Christchur­ch City, Canterbury
Genuine Quality, Prime Location, Affordable Price.

*Boutique, easily managed leased Christchurch motel business.

*Excellent Papanui Road, “Golden Mile” street profile.

*9 executive deluxe studio and one bedroom suites.

*Modern, with superior amenities, fixtures and fittings.

*Handy to the growing benefits of the city centre rebuild.

*Close to numerous restaurants, Merivale Mall, Victoria St, Casino and Hagley Park.

*Two storey, two bedroom owners apartment adjoins reception.

*A consistently well performed motel with a diverse client base.

*Currently under management with distinct upside potential!

*Established registered lease in place.

*Motivated, realistic vendors have priced to sell.

*Price: Lease $399,000 plus GST if any.



Please contact:

David Armstrong

Specialist Motel / Tourism Broker

Mainland Real Estate MREINZ

Licensed under the Real Estate Agents Act 2008

www.mainlandrealestate.com

www.mainlandrealestate.co.nz

Tel: 027 290 6055 or 0800 156 780 anytime

Fax: (03) 351 5043

Agency reference #: LH465
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  • Member since Nov 2012

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