Business for Sale

Motel ., Christchurch Central, Canterbury

$500,000

Profitable, Lifestyle Motel in a Park, Christchurch

Here is a Christchurch suburban motel with a difference. Located on spacious quiet 1 hectare park-like grounds with well-established trees and gardens in a convenient easily-accessed site, this 20-unit motel, with a combination of traditional-style motel units and larger cottages, is quite special.

All units are ground-floor, and the cottages are single-storeyed, providing convenience for guests and for the operation of the business. The relaxed ambience created by the property is appreciated by guests, particularly those with children, who can safely play in the spacious grounds which have incorporated a large children's playground.
The accommodation units are all very serviceable, with some having been recently refurbished to a high standard. A maintenance fund in operation has the capacity to allow further upgrading of kitchens and bathrooms without additional cost to a purchaser.

The Manager's residence is a comfortable and spacious 4-bedroom home, with a modern kitchen, heat-pump, log-fire, a self-contained flat, and excellent storage sheds, along with a private BBQ and garden area accessed from the lounge. An attractive balcony area runs off the upstairs master bedroom.
This motel is located in Upper Riccarton, on an arterial route, and is particularly easy to find for those travelling from the south of the city. The location is close to a wide range of amenities including shopping malls, the Wigram Airforce Museum, Riccarton racecourse, the A&P Showgrounds, Canterbury University and the College of Education. Christchurch International Airport, the Antarctic Centre, and the city centre are all within 15 minutes' drive. The close proximity to schools and being on a main bus route are also features of this location.
This special motel is best described as a profitable lifestyle business - ideal for a couple or family to operate, with some part-time assistance. The business is secured by a long lease and the rent is very reasonable.
After almost nine years of operation, our Vendors have decided to seek a change of lifestyle, providing one of the best opportunities we have seen in the motel industry in Christchurch for quite some time. Enquire today! Property ID: #CIB25862

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Sold Date

  • 25 June, 2018

Property features

  • Property Type: Tourism / Motel / Hotel, Accommodation
  • Video Tour URL: https://youtu.be/c1GiJSzYVLA

Office

Harcourts Christchurch City Commercial

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920

Business for Sale

Motel ., Christchurch Central, Canterbury

$500,000

Profitable, Lifestyle Motel in a Park, Christchurch

Here is a Christchurch suburban motel with a difference. Located on spacious quiet 1 hectare park-like grounds with well-established trees and gardens in a convenient easily-accessed site, this 20-unit motel, with a combination of traditional-style motel units and larger cottages, is quite special.

All units are ground-floor, and the cottages are single-storeyed, providing convenience for guests and for the operation of the business. The relaxed ambience created by the property is appreciated by guests, particularly those with children, who can safely play in the spacious grounds which have incorporated a large children's playground.
The accommodation units are all very serviceable, with some having been recently refurbished to a high standard. A maintenance fund in operation has the capacity to allow further upgrading of kitchens and bathrooms without additional cost to a purchaser.

The Manager's residence is a comfortable and spacious 4-bedroom home, with a modern kitchen, heat-pump, log-fire, a self-contained flat, and excellent storage sheds, along with a private BBQ and garden area accessed from the lounge. An attractive balcony area runs off the upstairs master bedroom.
This motel is located in Upper Riccarton, on an arterial route, and is particularly easy to find for those travelling from the south of the city. The location is close to a wide range of amenities including shopping malls, the Wigram Airforce Museum, Riccarton racecourse, the A&P Showgrounds, Canterbury University and the College of Education. Christchurch International Airport, the Antarctic Centre, and the city centre are all within 15 minutes' drive. The close proximity to schools and being on a main bus route are also features of this location.
This special motel is best described as a profitable lifestyle business - ideal for a couple or family to operate, with some part-time assistance. The business is secured by a long lease and the rent is very reasonable.
After almost nine years of operation, our Vendors have decided to seek a change of lifestyle, providing one of the best opportunities we have seen in the motel industry in Christchurch for quite some time. Enquire today! Property ID: #CIB25862

Property Features

  • Property Type: Tourism / Motel / Hotel, Accommodation
  • Video Tour URL: https://youtu.be/c1GiJSzYVLA

Sold Date

  • 25 June, 2018

Athol McCully B.Agr.Sc. Harcourts Christchurch City Commercial

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Harcourts Christchurch City Commercial

Office Harcourts Christchurch City Commercial Licensed under REAA 2008

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