Invercargill Central, South Island
7 Unit - FHI – New Roof Motel & House
Land and Buildings $795,000
Business Description
It needs to be highlighted that the motel roof was replaced late winter 2025 followed closely with the roof replacement on the house. So, this big expense has been sorted for any owner of the land and buildings. New fencing has been installed between the home and neighbours to the south June 2025. With a rate of return of 5.78%.
Potentially you may wish to consider the purchase of the Freehold Going Concern available in conjunction with the listing for the lease. Available exclusively with Coffeys.
Arriving in Invercargill from the East, this is one of the first motels on the busy Tay Street, Invercargill.
Seven spacious and well-appointed rooms (1 two-bedroom apartment, 2 one-bedroom apartments, and 4 studios).
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 which gives Invercargill a good strong corporate base which helps during the off-peak seasons.
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.
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: M: ---------- E: ---------- .
Business Summary
Key Investment Insights
1. The motel and house have had recent roof replacements, saving the new owner from a major expense.
2. New fencing has been installed for added privacy.
3. The property has a high rate of return at 5.78%.
4. The option to purchase the Freehold Going Concern is available in addition to the lease.
5. The motel is conveniently located on a busy street in Invercargill, making it easily accessible for travelers.
6. The property includes seven spacious and well-appointed rooms, including a two-bedroom apartment, two one-bedroom apartments, and four studios.
7. The owner's residence is modern and has a private garden and courtyard.
8. Invercargill is a popular destination for tourists, with many nearby attractions and industries that provide a strong corporate base.
9. Some information may have been sourced from reliable sources, but accuracy cannot be guaranteed.
10. Confidential details can be disclosed upon completion of a confidentiality agreement.
11. The listing can be viewed on the website or by contacting Derek Johnson directly.