Sold Property

56 Jacks Pass Road, Hanmer Springs, Canterbury 7334

  • 8701
  • 1 m2

$1,700,000

Leased Until 2040 and With New Increased Rental!

The search is over - this is the bottom drawer investment you have been looking for!

- Includes an established tenant, with a lease over the whole property until 2040

- New increased rental of $107,008.70 + GST per annum, and with 2 yearly rent reviews

- A large land holding 8701sqm's in size, with park like grounds, a sunny aspect and views over the central village

- Numerous improvements, including 10 standalone guest units (with kitchens), a 4 bedroom manager's home, and a double garage/operations facility

- Enjoys a privileged position located adjacent to the Hanmer sports grounds and Medical Centre, plus only a few minutes' walk from the Thermal Pools Complex

- Has further scope for development, with areas of under-utilised land (Subject to consent from the District Council and agreement with the existing tenant)

Freehold motel complexes are highly sought after by experienced property investors, so do not delay. Please call today for an information pack and to arrange your viewing appointment!

Purchase price - Plus GST (if any) Property ID: #HS7267

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Sold Date

  • 29 May, 2017

Property features

  • Property Type: Other (Motel - Land and Buildings)
  • Tenure: Fee Simple

Office

Harcourts Hanmer Springs

Licensed under REAA 2008

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Est. bond $1920
  • 8701
  • 1 m2

Sold Property

56 Jacks Pass Road, Hanmer Springs, Canterbury 7334

$1,700,000

Leased Until 2040 and With New Increased Rental!

The search is over - this is the bottom drawer investment you have been looking for!

- Includes an established tenant, with a lease over the whole property until 2040

- New increased rental of $107,008.70 + GST per annum, and with 2 yearly rent reviews

- A large land holding 8701sqm's in size, with park like grounds, a sunny aspect and views over the central village

- Numerous improvements, including 10 standalone guest units (with kitchens), a 4 bedroom manager's home, and a double garage/operations facility

- Enjoys a privileged position located adjacent to the Hanmer sports grounds and Medical Centre, plus only a few minutes' walk from the Thermal Pools Complex

- Has further scope for development, with areas of under-utilised land (Subject to consent from the District Council and agreement with the existing tenant)

Freehold motel complexes are highly sought after by experienced property investors, so do not delay. Please call today for an information pack and to arrange your viewing appointment!

Purchase price - Plus GST (if any) Property ID: #HS7267

Property Features

  • Property Type: Other (Motel - Land and Buildings)
  • Tenure: Fee Simple

Sold Date

  • 29 May, 2017

Harley Manion Harcourts Hanmer Springs

June Manion Harcourts Hanmer Springs

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Harcourts Hanmer Springs

Office Harcourts Hanmer Springs Licensed under REAA 2008

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