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Property Ref: 73079

Motel Business For Sale – Riccarton, Christchurch – Price Reduced!

Property Type: Motels

Sale Type: Business only

Region: Canterbury

Physical Address: 288 Riccarton Road, Upper Riccarton, Christchurch 8041

Price: $400,000 + GST (if any)

Broker: Adam Berry

Mobile: 6421409441

Email: adam.berry@tourismproperties.com

Prime Location, High Visibility, and Priced to Achieve a Sale…An Exceptional Opportunity!

Are you ready to own an affordable thriving accommodation business in a prime location? This is your chance!

About the property:

  • 11-Unit Motel: A Modern Profitable Complex with the perfect mix of units 2 x 2brm, 4 x 1brm, 5 x studio, great for a hands-on, owner-operator or a small team.
  • Unbeatable Location and Strategic Position: Located on the bustling main arterial route of Riccarton Road and close proximity to Canterbury University, ensuring high visibility and a steady flow of potential customers. An easy walking distance to Westfield Mall provides guests with endless shopping and dining options, making it an attractive choice for all types of travellers.
  • Manager’s Residence: The motel has a good sized three-bedroom, two-bathroom manager’s apartment with office, including a large sunny outdoor area making it easy to live and work on-site for a couple or family.
  • www.apollomotel.co.nz

Why This Motel?

  • Easy to Run: With just 11 rooms, this motel is straightforward to manage and operate, allowing for a hands on approach to guest service.
  • Steady Income: The prime location should guarantee a consistent occupancy rate, providing a reliable income stream.
  • Growth Potential: The strategic location near major attractions and amenities offers great potential for increasing revenue and expanding services with a new hands-on management style.

Don’t Miss This Opportunity!

With a relocating vendor this is a rare chance to own a motel business in one of the most sought-after Canterbury accommodation locations. Whether you’re an experienced motelier or looking to start your journey in the hospitality industry, this motel offers everything you need to succeed and is now priced to sell.

For more information and to arrange your private viewing, please contact our specialist senior Motel & Business Broker, Adam Berry on 021409441 or adam.berry@tourismproperties.com.

Confidential Documents

Full Listing Information for this Tourism Business will be disclosed to registered, approved Potential Purchasers.

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73079-Confidential-Lease

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Property Details

Property Type

Motels

Sale Type

Business only

Region

Canterbury

Physical Address

288 Riccarton Road, Upper Riccarton, Christchurch 8041

Price

$400,000 + GST (if any)

Contact Agents

Adam Berry

Business Broker l Commercial Asset Sales
Canterbury
International: 6421409441
NZ Mobile: 021409441

Email: adam.berry@tourismproperties.com

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