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. Asking price listed as negotiable over $1,579,000 for land, buildings and business, business value shown as $0 implying price is asset-focused.
2. Modern motel complex with strong forward bookings and consistently great guest reviews.
3. Diverse customer mix, popular with corporate travellers, solo travellers and couples, with many repeat guests indicating customer loyalty.
4. Owner’s accommodation included, spacious modern 3‑bedroom residence with one self-contained room that can operate as B&B accommodation or a 7th overflow unit.
5. Large site of 2,397sqm, offering privacy and generous family/owner outdoor space at the rear.
6. Potential development or enhancement upside on remaining land subject to obtaining appropriate consents; feasibility with local authorities has not been checked.
7. Prime regional location, approximately 90 minutes from Christchurch Airport, making it attractive to domestic and international tourists.
8. Geraldine township appeal includes well-regarded shopping, cafes, eateries and locally produced food and crafts, supporting tourism demand.
9. Vendors have over 30 years’ industry experience and are motivated to retire, suggesting an ownership transition opportunity.
10. Exclusivity on the market, described as the only motel for sale in Geraldine, which may reduce local competition for buyers.
11. Some listing information sourced from third parties and not independently verified; an Information Memorandum and confidentiality agreement are required for full details.
