Accomodation With Location Needs Imagination

They say the best opportunities usually come up from the bottom of the market and in this case why shouldn't that be true?

The NZ tourist industry is reinventing itself back into "local only" in the style of the 50's and 60's and with internal freedom of travel many are taking advantage of this to move around their own country.

Why wait for the return to the "old normal" and pay premium-plus when a fabulous "ground floor" opportunity to invest in this high-profile well-located motel business is knocking the door down, here and now?

This peerless opportunity features 2 x 2 bedroom; 2 x 1 bedroom; and 8 studio units plus the 3-bedroom managers residence and office; all in the welcoming condition you would expect.

You can't beat great location as a starting point, and being opposite Westgate Mall in the heart of Riccarton really highlights the value offering great chances to capture both passing and established business guests.

The bottom line is the business owner has permanently moved offshore and has instructed a sale is required; sooner rather than later.

What's now needed is the positive energy and enthusiasm of a new owner to build the business to match the true potential.

There is 25 years to run on the lease, so if you see this business as the "new you" call us now. This could be that "opportunity of a lifetime".

Our offshore owner is saying "Have motel, will deal"

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Main Property Features

Listing Number: RN6745

Property Type:
Tourism / Motel / Hotel
Property Features:
Building Name: Riccarton Mall Motels
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Harcourts Riccarton

Grenadier Real Estate Ltd

Licensed REAA 2008

Level 1, 88 Division Street
Riccarton
CHRISTCHURCH
Office website or View office details

Property Location