Listing #:4712037902
Freehold Going Concern Motel For Sale
| Location: | Central Otago, Otago |
|---|
Al Park View Motel is on the Market in Central Otago!
This freehold 10 unit motel complex & 3 bedroom home is situated on a prime corner site, overlooking Pioneer Park in Alexandra. This motel is conveniently located at the start of the Central Otago Rail Trail and the new Roxburgh Gorge following through to the Clutha Gold.
FEATURES:
• Prime location near the cycle trails
• Walking distance to town, activities and trails
• 10 modern units with off-street parking
• Lovely 3bdm home
• Plus potential to develop further!
The generous 2,024m² land titles (approx.) currently have the owner’s 3 bedroom home, motel office and 10 units, however there is opportunity to demolish the 3 motel units within the existing house, situated at 40 Shannon Street, and build additional motel units (potentially 5 new studio units, subject to planning permission from the local Council) to enlarge the number of motel units within the complex.
The complex currently has 3 studios (1 is an accessible unit), 5 x 1 bedroom units and 2 x 2 bedroom units. All rooms are ground level, very modern and have been constantly upgraded to ensure the motel is meeting customer expectations.
There is generous back of house facilities, including the onsite laundry (only sheets and pillow cases go to the offsite laundry) and guest laundry, plus double-car garaging. This large property has great off street car parking and BBQ facilities for guests.
This motel has been operated as a lifestyle business and a new owner could immediately employ OTA services and increase the tariffs to put this motel complex on a commercial basis.
Alexandra is the gateway to Central Otago, known for hot temperatures, summer fruits, premium wines and cycle/walking trails.
If you’re ready to make a move to Central Otago, this is a fantastic opportunity with potential to develop further – call today.
For full information contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.
Agency reference #: 40720
This freehold 10 unit motel complex & 3 bedroom home is situated on a prime corner site, overlooking Pioneer Park in Alexandra. This motel is conveniently located at the start of the Central Otago Rail Trail and the new Roxburgh Gorge following through to the Clutha Gold.
FEATURES:
• Prime location near the cycle trails
• Walking distance to town, activities and trails
• 10 modern units with off-street parking
• Lovely 3bdm home
• Plus potential to develop further!
The generous 2,024m² land titles (approx.) currently have the owner’s 3 bedroom home, motel office and 10 units, however there is opportunity to demolish the 3 motel units within the existing house, situated at 40 Shannon Street, and build additional motel units (potentially 5 new studio units, subject to planning permission from the local Council) to enlarge the number of motel units within the complex.
The complex currently has 3 studios (1 is an accessible unit), 5 x 1 bedroom units and 2 x 2 bedroom units. All rooms are ground level, very modern and have been constantly upgraded to ensure the motel is meeting customer expectations.
There is generous back of house facilities, including the onsite laundry (only sheets and pillow cases go to the offsite laundry) and guest laundry, plus double-car garaging. This large property has great off street car parking and BBQ facilities for guests.
This motel has been operated as a lifestyle business and a new owner could immediately employ OTA services and increase the tariffs to put this motel complex on a commercial basis.
Alexandra is the gateway to Central Otago, known for hot temperatures, summer fruits, premium wines and cycle/walking trails.
If you’re ready to make a move to Central Otago, this is a fantastic opportunity with potential to develop further – call today.
For full information contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.
Agency reference #: 40720
Business buyer’s checklist
Asking price: $1,850,000
Listed: Wed 15 May, 8:31 pm
Adrian Chisholm
Tourism Properties
-
Contact details
- (021) 727888
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Agent's details
Adrian Chisholm
- (021) 727888
Tourism Properties
Expires: Wed 10 Jul, 8:31 pm
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