Travel & Tourism - Motel Business For Sale
Invercargill New Zealand
Newly Refurbished and Expanded Motel. Lease $350,000 or FHGC at $1,100,000. Immaculate 10 unit property, recently refurbished throughout and three additional units built on. Backing onto the softball fields, velodrome and Stadium Southland, location is considered prime.
Properties with all the hard work completed in refurbishing are hard to come by and this one is a credit to the previous owner who completed the work and the new owner who has carried on the work and updated the residence. The refurbished units now look and feel the same as the new ones, so the same rates are able to charged across the board.
Ideal for a hard working couple or for one to work outside of the business while the other runs the motel. The 35 year lease is available for $350,000 or alternatively the freehold going concern can be purchased at $1,100,000.
About Invercargill
With the current extension of the Invercargill airport taking place to handle International flights, there is an opportunity to enhance the business and maximise the return that may be generated from this vision. Invercargill is also very proactive in gaining International sporting events as they have invested in building state of the art venues and are now being rewarded for this, and this motel is ideally located to the Stadium. In addition to these opportunities, Invercargill is also the gateway to Stewart Island, which is now being promoted as a tourist destination and has the International company %93Real Journeys%94 handling the route as an additional tour with Milford Sound and Te Anau.
|
;){kind=small}
;){kind=small}
