402 Main North Road, Redwood, South Island
Avon City Motel For SALE in Redwood, Christchurch
NZD $1,995,000
Business Description
The Avon City Motel is now available for sale at an attractive asking price of $1,995,000.
Don’t miss this golden chance to acquire a Freehold Going Concern Motel, encompassing the entire package of Land, Building, and Business. Conveniently situated in the stunning Redwood area of Christchurch, this property promises a captivating and serene location.
Featuring 8 well-maintained units, the motel offers an easily manageable operation. Additionally, it boasts a spacious 3-bedroom apartment for the owners, ensuring comfort and convenience.
Apart from receiving positive feedback for its exceptional services, this motel has been the recipient of multiple awards, all thanks to its splendidly landscaped garden. This feature has consistently captivated guests, making it a significant draw in the past. The motel has good occupancy and a strong repeat client base.
- Eight motel rooms – 2 x 2 bedrooms, 2 x 2 one bedrooms, 2 x large studios and 2 x 2 studios.
- Three bedroom owners residence with triple car garaging
- Capital value $1,230,000.00,
- Rates $10,403.92
- Approximately 1,365 sqm of residentially zoned land allowing a developer repurpose after council approval, as needed (further investigation recommended)
Don’t let this opportunity slip away; own a piece of hospitality excellence with Avon City Motel today!
For more information and to arrange your private viewing, please contact our specialist Motel Broker, Dilan De Silva.
Business Summary
Key Investment Insights
1. The Avon City Motel is a Freehold Going Concern Motel, encompassing the entire package of Land, Building, and Business.
2. The property is conveniently situated in the stunning Redwood area of Christchurch, offering a captivating and serene location.
3. The motel features 8 well-maintained units, making it an easily manageable operation.
4. It also boasts a spacious 3-bedroom apartment for the owners, ensuring comfort and convenience.
5. The motel has received positive feedback for its exceptional services and has been the recipient of multiple awards.
6. Its splendidly landscaped garden is a significant draw for guests and has consistently captivated them in the past.
7. The motel has good occupancy and a strong repeat client base.
8. It offers a variety of room types, including 2-bedroom units, 1-bedroom units, large studios, and 2 studios.
9. The owners also have a three-bedroom residence with triple car garaging.
10. The property has a capital value of $1,230,000.00 and rates of $10,403.92.
11. It is situated on approximately 1,365 sqm of residentially zoned land, allowing for potential redevelopment with council approval.
12. The opportunity to own a piece of hospitality excellence with Avon City Motel is not one to be missed.
