Invercargill Central, South Island
Offers Considered - 18 Units - Long Lease
Business Lease $679,000
Business Description
Bella Vista Invercargill has great street appeal and positioned in the middle of Invercargill's motel strip, keeps the occupancy at a high level.
Across the road is a large retail complex with multiple stores so exposure to huge numbers of locals is an advantage to have them recommend staying at Bella Vista. Four minutes' drive to the central business district.
This 18-unit complex has a great mix of studio, one and two-bedroom units, all having been refurbished in recent years. Qualmark assessed in 2023, 4-star Silver rating.
The business is secured by a long lease. Owners' accommodation provides three double bedrooms, three bathrooms, sunny living and internal access garage.
Potentially an existing manager is available if you have a purchase in mind but wish to not be hands on or have plans to operate yourself later. Secure the motel now and relax in the knowledge that a good management structure is in place.
The new operator will have the advantage of all the support offered through being a member of New Zealand's largest and strongest nationwide motel network.
Very well presented and cared for complex is on offer at a very competitive entry level. Walk in today with no major renovations looming or upkeep apparent. Take up the opportunity to establish a career and reap the rewards of nurturing this this business to its full potential.
The motel caters for a good cross section of the travelling public, both corporate and leisure travellers and enjoys high occupancy year-round. Ample onsite parking is available for guests.
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 Invercargill via our website or by phoning DEREK JOHNSON on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Prime location in the heart of Invercargill's motel strip.
2. High occupancy rates due to great street appeal and exposure to a large retail complex across the road.
3. Mix of studio, one and two-bedroom units, all recently refurbished.
4. 4-star Silver Qualmark rating.
5. Long lease in place.
6. Spacious owners' accommodation with potential for existing manager to stay on.
7. Support from New Zealand's largest motel network.
8. Well-maintained and presented complex with no major renovations or upkeep required.
9. Opportunity to establish a successful career and reap the rewards of nurturing the business.
10. High occupancy year-round with a good mix of corporate and leisure travelers.
11. Ample onsite parking for guests.
12. Confidentiality agreement required for further details.
13. Information Memorandum available on website.
14. Potential for growth and improvement.
15. Strong potential for a hands-on operator.
16. Competitive entry level for a well-established and successful business.
17. Opportunity to secure a profitable and well-maintained motel in a prime location.
18. Experienced and knowledgeable agent available for enquiries.
