Christchurch Central, South Island

Well Positioned Christchurch Lease

Business Lease $850,000

Business Description

Has there ever been a better time to buy a motel in Christchurch?

Our grand Convention Centre Te Pae is off to a flying start, with many conferences booked for future dates. When construction is completed, the Parakiore Recreation and Sport Centre will be the largest aquatic and indoor recreation and leisure venue of its kind in New Zealand, accessible to people of all ages and abilities. Canterbury's Multi-Use Arena, Te Kaha is now under construction. Estimated completion mid-2026. From All Black tests to big concerts and events, Te Kaha, Canterbury's Multi-Use Arena, will host them all.

All of these exciting new developments should boost the accommodation sector for the city.

This motel is close to the airport & city and to large shopping areas, also with convenience shopping across the road.

A good mix of units gives the operator good options to cater for most requirements. The 16 unit complex has had a complete makeover with painting inside and out being completed in the last 12 months.

It is well presented with modern up-to-date furnishings and fittings. There is a new washing machine and gas dryer capable of handling full onsite laundry if so required. The guests' laundry also has a new washing machine and dryer.

Owner's accommodation is a feature with 4 bedrooms, 2 with ensuites and another main bathroom and an extra toilet downstairs. Good large open plan lounge and kitchen.

The accommodation industry is on the rise, now is the best time to buy.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Business Lease of this Motel for sale in Christchurch via our website or by phoning JOHN CONNELLY on ---------- , DDI ---------- or ---------- .

Business Summary

Key Investment Insights

1. The motel is well positioned in Christchurch, close to the airport, city, and large shopping areas.
2. The city is experiencing growth and development with the construction of new recreational and entertainment venues, which is expected to boost the accommodation sector.
3. The motel has undergone a complete makeover in the last 12 months, with modern furnishings and fittings.
4. The complex has a good mix of units, providing options for different accommodation needs.
5. The owner's accommodation is a feature, with 4 bedrooms and modern amenities.
6. The accommodation industry is on the rise, making it a good time to buy.
7. Confidential details of the listing can be disclosed upon completion of a confidentiality agreement.
8. The Information Memorandum is available on the website.
9. Enquiries can be made via the website or by phone.
10. The listing is for a business lease of the motel.
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