Christchurch Central, South Island
Modern Superbly Positioned Motel
Business Lease $695,000
Business Description
Situated on Riccarton Road close to Riccarton Mall, Christchurch Public Hospital, Addington Raceway, Christchurch Railway and AMI Stadium, this property has the positioning to be a high performer for a long time.
This complex has modern chattels in all of the 18 units and a mix of unit sizes that will cater for any type of clientele. Studio units, three of which have spa baths, cater for the large corporate clientele. 2 x two-bedroom and 4 x one-bedroom units cater for families and other larger groups.
Restaurants and cafes along with a huge variety of shopping is all within walking distance, as is the picturesque Hagley Park.
A three-bedroom, two-bathroom (master ensuite) manager's residence with adjoining office make this a great place for the operator to enjoy a bit of extra space.
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 direct to JOHN CONNELLY. P: ---------- M: ---------- E: ---------- .
Business Summary
Key Investment Insights
Key Insights:
1. Prime location on Riccarton Road, close to popular attractions such as Riccarton Mall, Christchurch Public Hospital, Addington Raceway, Christchurch Railway and AMI Stadium.
2. Modern chattels in all 18 units, catering to a variety of clientele.
3. Mix of unit sizes including studio, one-bedroom, and two-bedroom units.
4. Close proximity to restaurants, cafes, and shopping options.
5. Walking distance to picturesque Hagley Park.
6. Manager's residence with three bedrooms and two bathrooms, providing extra space for the operator.
7. Confidential details available upon completion of a confidentiality agreement.
8. Information Memorandum available on the website.
9. Enquiries can be made via the website or directly to John Connelly.
10. Business lease opportunity.
