Bright Future Assured

$495,000TimaruListing: #CS00088


Timaru  


$495,000


Accommodation/Motel/Hotel
Refer to Broker


About this business for sale

Bright Future Assured

 

A very well presented 10 unit motel with a good mix of spacious units, having 4  well appointed two bedroom apartments ideal for families or groups, and 6 good sized studio units which are very popular with couples and corporate guests.

Located on SH1 this popular motel has a great profile, and offers quiet, high quality accommodation.

The manager's accommodation is a very nice 3 bedroomed home, with a sheltered and private outdoor area and good garaging, a rare find in motels. 

Good lease and reasonable rental.

The motel is within an easy walk to the cafes and interesting range of shops in the town centre, and just 10 minutes from the Fonterra's Clandeboye Factory which is currently undergoing more large development. 

There are many attractions in the surrounding areas, Timaru Raceway is just 10 minutes away. Also there is good fishing on nearby rivers, and plenty of other outdoor pursuits. Growing numbers of sporting events are also held in the South Canterbury, all offering opportunities for accommodation businesses. 

Being located in Temuka, a one hour drive from Lake Tekapo and the McKenzie Country and just 2 hours from Christchurch Airport the motel is a very popular stopover for tourists travelling through the South Island's scenic routes.

Here's a great chance of having a good income and a great lifestyle as well. Contact Sally for more information.

Christchurch & South Island
sally.everitt@linkbusiness.co.nz
+64 3 595 0935
+64 21 988 138

Sally Everitt

*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.