Listing #:5205237755

A Picture Perfect Motel

Location: Christchur­ch City, Canterbury
FHGC - Land, buildings and business for sale.

An award winning garden with instant street appeal welcomes your customers. Well located on a prime high profile site in Redwood, being the entrance to Christchurch City on the preferred "inbound traffic" side of the road of busy Main North Rd. Handy to Northwood, Belfast, Papanui and is only 10 mins drive to the Central City. Customers also have the convenience of being able to utilise public transport by using the bus stop situated right outside the motel.

Ideally suited for a couple to own and manage this tidy, well maintained and comfortable 8 unit motel, consisting of two two-bedroom units, two one-bedroom units, two large studios, two studios, and it comes with a spacious 3 bedroom owners home.

All units are user friendly being at ground level, are fully self contained with full kitchen facilities, free unlimited Wifi, flat screen TVs with Sky and are serviced daily.

Your investment in this freehold going concern business shows over an 11% net profit (before interest and depreciation) and is well underpinned by being situated on a large site of 1365m2 of land fronting Main North Rd.
(* approx.)

Call Don Hunter 027 434 5201 for further information.

Sale: $1,850,000 + GST (if any) (includes land, buildings and business)

Agency reference #: CCM31482
Asking price: $1,850,000
Listed: Fri 7 Mar, 4:29 pm
Don Hunter
Ray White Commercial Christchurch (Raine Blackadder Ltd)
  • Contact details
  •  (027) 4345201

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Agent's details

Don Hunter
  •  (027) 4345201
Don Hunter
  •  (027) 4345201
Ray White Commercial Christchurch (Raine Blackadder Ltd)
(03) 3794120

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