Link Business

Affordable Motel Lease

$375,000Canterbury Listing: #CS00134


Canterbury businesses for sale 


$375,000

Accommodation/Motel/Hotel businesses for sale
Motel businesses for sale, Canterbury
Refer to Broker


About this business for sale in Canterbury

Affordable Motel Lease

 

Start your motel ownership career with this easy to manage, affordable complex in one of the South Island's lifestyle centres.

Situated on the Main South Highway at TImaru opposite attractive Caroline Bay, easy walking distance to the new Caroline bay Aquatic Centre, 15 minute walk to CBD and 5-10 minute walk to supermarket and restaurants.

Timaru is situated midway between Christchurch & Dunedin on the Main South Highway and is gateway to Mt. Cook and the Southern Alps, high country lakes, stargazing observatories and much more.

This soundly built 10 unit complex has a good mix of units, including 2 storey townhouses, all with carports and good cooking facilities.

Owners accommodation comprises a 4 bedroom house with outdoor area, separate office and reception.

Ideal for a couple to operate.

Long term lease.

Further potential for growth.

Affordably priced.

Christchurch & South Island
robert.brawley@linkbusiness.co.nz
+64 3 595 5265
+64 27 220 8787

Robert Brawley

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.