Invercargill Central, South Island

7 Unit Motel - 3 Bed 2 Bath Home - Only $350k!

Business Lease $350,000

Business Description

Centrally located just a 5-minute walk from several attractions including Bill Richardson Transport World and Cafe, Stadium Southland, and the Cycling Velodrome. The property offers spacious ground floor units with parking outside each unit and a covered walkway.

Comprising of seven spacious and well-appointed rooms (1 two-bedroom apartment, 2 one-bedroom apartments, and 4 studios). The unique veranda shape with a new black roof (May/June 2025) and white exterior ties in the 'hacienda style' aesthetic make it a striking motel. Lease through to November 2041 with 1 x 10 year right of renewal.

Potentially you may wish to consider the purchase of the Freehold Going Concern available in conjunction with the listing for the land and buildings. Available exclusively with Coffeys.

The owner's residence is located at the back of the property and has modern open plan living areas, which flow out onto a lovely private garden and courtyard facing north. 3 very generous sized bedrooms and 2 bathrooms, the primary suite has a walk-in closet, ensuite bathroom and a ranch slider out to the private garden.

Invercargill is the capital of Southland and is the gateway to the increasingly & ever popular Southern Scenic Route taking in the Catlins to the East and Riverton/Colac Bay to the West with Bluff to the South, makes this a good base from which to explore. Being our southern-most city there is a lot of industry in the area and surrounds which gives Invercargill a good strong corporate base which helps during the off-peak seasons.

Invercargill's warm and friendly heart is just minutes up the road from this unique and well-appointed gem.

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 direct to DEREK JOHNSON: P: ---------- M: ---------- E: ---------- .

Business Summary