NAI Harcourts Grenadier proudly offers a well-presented profitable motel business located in Geraldine, South Canterbury, a favoured town on the main tourist route from Christchurch to Queenstown.
This well-kept motel has 15 attractive units and a spacious 4/5-bedroom Manager's residence, which will provide a Purchaser with a very comfortable lifestyle. A new secure lease is in place, with a reasonable rental, providing a Purchaser with peace of mind. An attractive swimming pool is also provided on-site for guests.
Tourists traveling from Christchurch to Queenstown pass through Geraldine and Fairlie, and onwards through the McKenzie Basin, over the Lindis Pass to the Southern Lakes region (Wanaka, Queenstown, Cromwell etc).
The motel land and buildings are owned by experienced moteliers who have motel interests in another Canterbury area, and who understand the industry well.
Geraldine is a delightful town with a wide range of amenities, located approximately 30 minutes from Timaru, a city which is South Canterbury's main centre. The town is close to Peel Forest, a popular leisure area, and the Rangitata River, where salmon and trout fishing are popular pursuits. Excellent restaurants and cafes provide hospitality options in the town. Geraldine offers peaceful comfort to traveling visitors.
Motel businesses of this calibre and condition are rare, and interested parties should enquire early to avoid disappointment - Enquire Now.
$675,000 plus GST (if any)
