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Description

Your ticket to self employment in Sauvignon Blanc country! Invest in a Freehold Motor Lodge on 8462sqm property in a garden setting on a high profile main road location in Blenheim. Marlborough is the largest grape growing region in NZ.

  • 29 motel units - mixture of 8 new and 21 recently refurbished. All self-contained.
  • Excellent owner's or manager's accommodation Several options include -
  • Purchase the land, the buildings and the motel business.
  • Grow the business then sell the lease, retain the property ownership and enjoy the income from the rent
  • Buy the business and enjoy self-employment or employ a manager
  • New 35 year lease from possession date, if required Be as hands-on as you want to be to discover the beauty of Marlborough. Convenient location to Blenheim CBD, Polytech, Landsdowne Park and access to Picton ferry will assist new owners to grow the income. For sale as Land, buildings and the motel business for $4,495,000 plus GST (if any) Lease for motel business available for $1,150,000 plus GST (if any) Contact Grant Baxter or Nick Lambert for further information.

Details

Location:
Blenheim, Marlborough
District:
Blenheim
Region:
Marlborough
Agency reference:
111915
Apply Online:
http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=1892776&sellerId=0
Price:
Asking price: $4,495,000

Freehold Motor Lodge

Listed: Fri 11th Apr, 3:33pm
73 days, 45 minutes

Asking price: $4,495,000

Alice Parkinson Realnz Software
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Alice Parkinson

Realnz Software

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