Oamaru, South Island

Passive Property Investment or FHGC Opportunity

Land and Buildings $5,200,000

Business Description

Passive income from two separate commercial leases.

A 35-year registered lease will be in place for the motel and a separate 18-year (6x3) ADLS lease for the entertainment and restaurant complex. Both businesses have a long history in Oamaru.

A total parcel of land 15,281 sqm in a very high-profile location.

Potentially you may wish to consider the purchase of the Freehold Going Concern available in conjunction with the listing for the lease.

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 via this website or direct to JOHN CONNELLY.

Business Summary

Key Investment Insights

AI generated. Confirm details with the seller.

1. Passive income from two separate commercial leases, enabling hands-off revenue streams.
2. Motel secured by a 35-year registered lease, offering long-term income stability.
3. Entertainment and restaurant complex on an 18-year ADLS lease structured as 6x3, indicating built-in renewal/options.
4. Two distinct tenant businesses, reducing single-asset concentration risk.
5. Total landholding of 15,281 sqm, providing scale and potential future development or expansion options.
6. Very high-profile location in Oamaru, enhancing visibility and customer access.
7. Both businesses have a long history in Oamaru, suggesting established market presence and community recognition.
8. Opportunity to purchase the Freehold Going Concern in conjunction with the lease listing, allowing for ownership flexibility.
9. Information Memorandum available for download from coffeys.co.nz, facilitating due diligence.
10. Some listing details are confidential and require a signed confidentiality agreement to access, protecting sensitive information.
11. Some data sourced from RPNZ, Property Guru and Land Information New Zealand and has not been independently verified, signalling the need for buyer verification.
12. Seller contact available via the website or directly to John Connelly, streamlining enquiries.
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