Christchurch Central, South Island
Opportunity Not to Be Missed - 22 Units Long Lease
Business Lease $650,000
Business Description
Well located motel providing comfortable and affordable motel accommodation in Christchurch.
19 studio units and 3 x two-bedroom units in a pleasant setting. Most units have full kitchens and heat pumps.
A perfect base for events and sporting fixtures at the nearby Wolfbrook Arena, Nga Puna Wai Sports Hub and Addington Raceway. A short drive to the new Parakiore Recreation and Sports Centre.
Guests enjoy the outdoor saltwater swimming pool and shaded BBQ facilities. Full guest laundry, plenty of off-street parking and bus stop to CBD at the gate.
Owners' residence is a sunny, private 3-bedroom, 2-bathroom home with conservatory, and private barbecue area.
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
1. 22-unit long lease motel in Christchurch, providing investment stability through a long-term lease structure.
2. Accommodation mix of 19 studio units and 3 two-bedroom units, enabling varied guest types and revenue streams.
3. Most units include full kitchens and heat pumps, enhancing guest self-sufficiency and year-round comfort.
4. On-site owners' residence, a sunny private three-bedroom, two-bathroom home with conservatory and private barbecue area, supports on-site management and rapid response.
5. Targeted appeal to event and sports travellers given proximity to Wolfbrook Arena, Nga Puna Wai Sports Hub, Addington Raceway and the new Parakiore Recreation and Sports Centre.
6. Guest amenities include an outdoor saltwater swimming pool and shaded BBQ facilities, improving guest experience and length of stay potential.
7. Operational conveniences include a full guest laundry and plenty of off-street parking, reducing reliance on external services and improving guest turnover.
8. Bus stop to the CBD at the gate, offering easy public transport access for guests and staff.
9. Pleasant setting and mostly self-contained units make the property attractive for short to medium stays and group bookings for local events.
10. Some listing details are confidential and require a completed confidentiality agreement; further information is available in the Information Memorandum on the vendor website.
