Lincoln, South Island
UNDER OFFER - Rare and Lucrative 21 Unit FHGC
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. 21-unit Freehold Going Concern offered, includes land, buildings and operating business, marketed as price by negotiation.
2. Under offer status indicates active buyer interest and transaction momentum.
3. Only motel in the township, providing effective local market exclusivity and limited direct competition.
4. Ranked #1 hotel on TripAdvisor, signalling strong guest reviews and online reputation.
5. First time offered since being built in 2012, representing a long-held asset with established trading history.
6. Recent refurbishment of the 2012 post-earthquake build, presenting the complex in excellent condition and likely lowering near-term maintenance capital requirements.
7. Located in the heart of the village, zoned Town Centre Zone, within short walking distance to local amenities, enhancing guest convenience and demand.
8. Accommodation mix of 10 studios, 6 one-bedroom and 5 two-bedroom units, offering operational flexibility for different guest segments and revenue management.
9. Inclusion of a comfortable three-bedroom manager’s residence, supporting on-site management and operational continuity.
10. Described steady occupancy year-round with great financial performance, yet noted potential to grow, indicating both stability and upside.
11. Some listing details are confidential and require a signed confidentiality agreement; full Information Memorandum is available via the agent’s website.
12. Certain data were sourced from third parties such as RPNZ and LINZ and have not been independently verified by the agent, so buyer due diligence is necessary.
