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Niche Upmarket Motel, Entry-Level Price!

Christchurch Central, Motel ,

$325,000 Plus GST (if any)

Listing Number: CIC47637
About this listing
Well-presented established niche business offering upmarket accommodation in a key Christchurch location. With 9 deluxe units/suites, this is an easily-operated business with excellent upside. Very comfortable two-bedroom Manager's apartment completes the picture.
The location is outstanding and sought after - within easy walking distance to Victoria Street shops, cafes and restaurants, Christchurch Casino, Southern Cross Hospital, Hagley Park, and Merivale Mall. The modern building has recently had the exterior repainted, and new high-quality carpet was fitted last year.
While there are currently just under 18 years left to run on the lease and the Landlord has advised that further lease-years can be purchased by negotiation. A well-designed attractive website assists in attracting guests.
Here is a niche well-presented upmarket motel business in a prime Christchurch location offered for an entry-level price. Prospective purchasers should look to move their interest forward to avoid disappointment.
Property Information
  • Property Type: Tourism / Motel / Hotel, Accommodation

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