Entry Level Motel Business Great Location | ABC Business

Entry Level Motel Business Great Location

$299,000 - Canterbury

Industry: Accommodation / Motel

#32624

Business has been sold

Being in a very prime location and having had considerable, ongoing upgrading over the last 5 years, this motel has grown in popularity with travellers to Christchurch, resulting in increasing repeat business both from corporate clients and other visitors to the city.

Upgrades include double glazing to all units and the manager's residence, gradual ongoing improvements include addition of heat pumps, bathroom upgrades and painting interiors of many of the units.

Being very close to the Bush Inn Centre, there is a good choice of cafes, restaurants and shops both there and at Church Corner, all within walking distance. Also, it is an easy drive to Westfield Mall, Hagley Park, Christchurch Hospital, the University, the city centre and many of the other amenities and attractions that are on offer in Christchurch.

A new very popular attraction at Bush Inn is the unique Night Market which is undercover and is held every Saturday from 6pm to 11pm. There are over 100 stalls ranging from food to crafts.

10 spacious units, appealing to a wide range of guests and very popular with corporate clients.

The complex consists of:
- 1 compact studio unit
- 5 larger studio units
- 2 spacious one-bedroom units
- 2 spacious two-bedroom units.

As well as good parking, there is public transport nearby.

Home and income, good lease, reasonable rent and a great landlord.

Being only 10 units, the motel can be easily managed by a couple or an individual, with casual on-call help.

Call Sally Everitt - 021 988 138 for more information.

Price $299,000

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Location: Canterbury

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Our brokers

Sally Everitt

021 988 138

Sally Everitt

021 988 138

Contact Sally

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