Geraldine, South Island
Geraldine Desirable Work Life Balance Life's Good
Land, Buildings and Business $1,579,000 Neg. Over
Business Description
Are you looking for a very desirable motel that combines easy operation and a lifestyle to match in a modern complex in one of the most delightful locations in the South Island, then you must further investigate this opportunity now!
Brilliant forward bookings & great reviews, the motel provides a very comfortable level of accommodation. It is a popular choice for corporates, solo travellers and couples and many guests are repeat clients.
The owner's accommodation is a real bonus, providing a spacious modern residence, offering 3-bedrooms, one of which is self-contained and may be used for B&B guests or a 7th overflow unit for the complex. A generous area of land remains towards the rear of the property allowing the owners privacy or great family space away from the business.
Sited on 2,397sqm of land, there may be further opportunities to consider for enhancements or future development expansion with the appropriate consents. (Please note we have not enquired with the local authorities as to the feasibility of obtaining such consents.)
Geraldine is a popular stopping off point for domestic and international tourists being only 90 minutes away from Christchurch Airport. The township is well known for its great shopping, cafes, eateries and locally produced items of food and crafts.
With over 30 years' experience in the industry our vendors are ready to retire. This is the only motel for sale in Geraldine, negotiable over $1,579,000.
Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.
An Information Memorandum is available to download from our website coffeys.co.nz.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.
We would welcome your enquiry via this website or direct to JOHN CONNELLY.
Business Summary
Key Investment Insights
1. Desirable modern motel in Geraldine, marketed for an easy, lifestyle-oriented operation.
2. Strong demand indicators with brilliant forward bookings and consistently great reviews.
3. Broad guest mix, popular with corporates, solo travellers and couples, with many repeat clients.
4. Owner’s accommodation included, three bedrooms with one self-contained unit usable for B&B or as a 7th overflow unit.
5. Substantial site size of 2,397 sqm, offering privacy for owners and potential for future development or expansion, subject to consents.
6. Prime regional location, approximately 90 minutes from Christchurch Airport, attractive to domestic and international tourists.
7. Township appeal with strong local retail, cafes, eateries and locally produced food and crafts supporting tourism demand.
8. Long-standing vendors with over 30 years’ industry experience, selling due to retirement.
9. Exclusivity on market, noted as the only motel for sale in Geraldine.
10. Guide price negotiable over $1,579,000, information memorandum available with additional confidential details released under a confidentiality agreement.