Timaru, South Island
Tidy Entry-level Motel Investment in Good Location
Land and Buildings $1,590,000
Business Description
An opportunity here to enter the motel investment market and enjoy the benefits of the relative ease of ownership compared to other property investment classes. A net lease with the lessee responsible for most outgoings, usually meaning a trouble-free bottom drawer investment.
Sited on a generous 2,074 sqm corner site with dual access, the property enjoys good SHW1 exposure.
Eleven units - a good mix being just one studio, 7 x 1-bedroom units and 3 x two-bedroom units.
Plus a separate stand-alone three-bedroom residence is enjoyed by the motel operator.
Our retiring vendor is in a position to assist with finance to a suitable candidate. Entry-level motel investments in this price range can be hard to find.
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. Any boundary lines shown on an image are indicative only.
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
1. Net lease structure with the lessee responsible for most outgoings, implying low owner involvement and a trouble-free, passive income profile.
2. Generous 2,074 sqm corner site with dual access, offering flexibility for vehicle flow, servicing and potential signage or redevelopment options.
3. Strong SHW1 exposure, providing high visibility and easy access from a major route.
4. Accommodation mix of 11 units, comprising one studio, seven one-bedroom units and three two-bedroom units, offering diversification across short‑stay segments.
5. Separate stand-alone three-bedroom residence provided for the motel operator, enabling onsite management or rental income substitution.
6. Retiring vendor prepared to assist with finance to a suitable candidate, improving acquisition feasibility for buyers needing funding support.
7. Positioned as an entry-level motel investment in a price range described as hard to find, indicating potential demand from new investors.
8. Information Memorandum available for download, facilitating structured due diligence for interested parties.
9. Some listing details are confidential and require a signed confidentiality agreement to access, signalling additional documentation and conditional disclosure.
10. Disclaimer that certain information was sourced from third-party databases and has not been verified, indicating buyers should independently confirm all factual and boundary details.
