Sparkling LH Motel In Central Otago

$465,000Central OtagoListing: #CS00059


Central Otago  


$465,000


Accommodation/Motel/Hotel
Refer to Broker


About this business for sale

Sparkling LH Motel In Central Otago

 

  • Long lease 23 years to run
  • Easily managed by a couple
  • 10 very spacious units comprising of 6 large studios 4 x 2 bedroom units
  • Units designed for a relaxing stay
  • Excellent well - appointed kitchen facilities
  • Plenty of car parking
  • Spacious modern 4 - bedroom owners accommodation
  • Central location for nearby cycle trails
  • Close to excellent fishing and recreational boating rivers
  • Conveniently located for cafes, restaurants and shopping, all within easy walking distance
  • Vineyards tours and summer fruit orchards close by
  • Act now!
Christchurch & South Island
murray.schofield@linkbusiness.co.nz
+64 3 595 2753
+64 21 252 5565

*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.