Key Investment Insights
AI generated. Confirm details with the seller.
1. Two adjacent motels on SHW 1 in Timaru, providing scale and operational synergies and strong street appeal near Caroline Bay restaurants and shopping.
2. Well maintained properties, described as attractive in and out, supporting immediate guest readiness and curb appeal.
3. Established, steady and consistent financial history, currently trading strongly in the local accommodation market.
4. Timaru market reliance on domestic and year-round corporate demand reduces exposure to international visitor volatility.
5. Combined unit count provides diversification of accommodation types and revenue streams across short and longer stays.
6. First complex: 13 units with a balanced mix, specifically 4 two‑bedroom units, 1 one‑bedroom unit and 8 studios, plus a separate self‑contained three‑bedroom manager’s residence with balcony.
7. Second complex: 14 suites including a three‑bedroom, two‑bathroom apartment and a high proportion of larger units for a modern complex, catering to broader market segments.
8. Strong on-site staffing and operational flexibility with excellent owner’s accommodation (three bedrooms, master ensuite, all ground level) and a second manager’s apartment that could be added to the letting pool.
9. Attractive financing incentive, vendors prepared to offer generous vendor finance to assist a qualified purchaser.
10. Additional commercial detail available via an Information Memorandum, with some information confidential and subject to a confidentiality agreement.
