Lincoln, South Island
Rare and Lucrative 21 Unit FHGC Opportunity
Land, Buildings and Business Price by Negotiation
Business Description
The term "rare opportunity" is probably overused these days; however this is one situation where arguably it is truly justified.
Offered to the market for the first time since built, is the Lincoln Motel being the only motel in the township and unsurprisingly ranked #1 hotel on TripAdvisor.
This premium 21-unit property is located in the heart of the village (zoned Town Centre Zone), a short walk to many of the excellent amenities Lincoln has to offer. A recent refurbishment completes the picture of this 2012 post-earthquake build, presenting the complex in excellent condition and reducing likely maintenance costs for the new operator in the foreseeable future. A comfortable three-bedroom managers' residence completes the package.
Accommodation provided is an excellent mix of units. 10 studios, 6 one-bedroom & 5 two-bedroom units. The beautifully presented units have all the amenities one would expect in a premium accommodation business.
This is a tremendous business with steady occupancy year-round, great financial performance, yet still potential to grow.
The Freehold Going Concern (land, buildings and business) is being marketed as price by negotiation.
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 on the Land, Buildings and Business of this Motel for sale in Lincoln via this website or direct to KELVYN COFFEY.
Business Summary
Key Investment Insights
1. Freehold Going Concern sale includes land, buildings and operating business, offering full asset control and revenue streams.
2. First time offered since built in 2012, signalling a rare market entry for buyers.
3. Only motel in the township, providing local market exclusivity and limited direct local competition.
4. Ranked number 1 hotel on TripAdvisor, indicating strong online reputation and guest feedback.
5. Premium 21-unit configuration, comprising 10 studios, 6 one-bedroom and 5 two-bedroom units, enabling diverse market segmentation.
6. Recent refurbishment of the 2012 post-earthquake build, presenting excellent condition and reduced short-term maintenance risk.
7. Onsite three-bedroom manager’s residence, facilitating owner-operator or onsite management models.
8. Zoned Town Centre, located in the heart of the village within short walking distance to local amenities, enhancing guest convenience and walk-in demand.
9. Steady year-round occupancy with strong financial performance, while listing notes potential for further growth.
10. Sale being marketed by negotiation with an Information Memorandum available; some listing details are confidential and require a confidentiality agreement, and certain data have not been independently verified.
