Listing #:1485066660

Opportunity is Knocking!

Location: Timaru, Canterbury
Well-presented 9-unit motel (very good room configurations) in good visible location on Timaru's main thoroughfare.

This motel is just a 5-minute walk across a park to the Caroline Bay Aquatic Centre, and the beautiful Caroline Bay. A range of restaurants and a large supermarket are nearby, and the Timaru city centre is within 5 minutes' drive.

The Manager's residence is two bedrooms (could be increased to three, with the loss of a motel unit). There is a very long secure lease in place with a reasonable rental. The business attracts a growing stream of international and domestic visitors, and has a loyal corporate guest base. Excellent forward bookings are in place. This is an easily-operated business for a couple, or for one person with some casual staff assistance.

Agency reference #: CIB26239
Asking price: $449,000
Listed: Tue 5 Dec, 1:37 pm
Athol McCully B.Agr.Sc.
NAI Commercial Grenadier City
  • Contact details
  •  (027) 4338052
  •  (03) 3719126

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Agent's details

Athol McCully B.Agr.Sc.
  •  (027) 4338052
  •  (03) 3719126
NAI Commercial Grenadier City
(03) 3719126

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Expires: Fri 31 Aug, 5:28 am
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