Invercargill Central, South Island
Bella Vista 18 Units Long Lease Offers Considered
Business Lease $649,000
Business Description
Bella Vista Invercargill has great street appeal and is positioned in the middle of Invercargill's motel strip, which 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 and is Qualmark assessed as 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.
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
Key Insights:
1. Prime location in the middle of Invercargill's motel strip with high occupancy rates.
2. Exposure to a large number of locals through proximity to a retail complex.
3. Mix of studio, one and two-bedroom units, all recently refurbished and Qualmark assessed as 4-star Silver rating.
4. Secured by a long lease and owners' accommodation included.
5. Member of New Zealand's largest and strongest nationwide motel network.
6. Well-presented and cared for complex with no major renovations or upkeep needed.
7. Opportunity for a new operator to establish a career and nurture the business to its full potential.
8. Caters to a good mix of corporate and leisure travelers with high occupancy year-round.
9. Ample onsite parking available for guests.
10. Confidential details can be disclosed upon completion of a confidentiality agreement.
11. Information Memorandum available on the website.
12. Enquiries can be made via the website or by phone to Derek Johnson.
13. DDI and phone numbers provided for direct contact.