Oamaru, South Island
Passive Property Investment or FHGC Opportunity
Land and Buildings $5,200,000
Business Description
Passive income from two separate commercial leases, plus Resource Consent to separate an additional parcel of mostly vacant land of 6,911 square metres zoned residential, with access to State Highway one. Potential here?? (Please note that we have not made enquiries with the local authorities in relation to consenting matters.)
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.
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 Land and Buildings of this Motel and Entertainment Complex for sale in Oamaru via our website or by phoning JOHN CONNELLY on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. The property offers passive income from two separate commercial leases, providing a steady stream of revenue.
2. The property includes a resource consent for an additional parcel of mostly vacant land, offering potential for future development or expansion.
3. The property is located in a high-profile location, providing visibility and potential for increased business.
4. The motel and entertainment complex have a long history in the local area, providing a stable and established business.
5. The property is available for purchase as a Freehold Going Concern, providing the opportunity for the buyer to own both the land and the businesses.
6. The accuracy of some information in the listing may not have been verified, and potential buyers should conduct their own due diligence.
7. Some details of the listing are confidential and can only be disclosed after signing a confidentiality agreement.
8. The Information Memorandum for the property is available on the website.
9. Interested buyers can contact the agent via the website or by phone for more information.
