Motel Freehold Investment, Marlborough

Asking Price: $3,250,000 plus GST (if any)
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Take the opportunity now to invest in the land & buildings of this high quality centrally located property.

 

 

Built in 1998, there is no outstanding maintenance, with the exterior of the building having recently been re-painted. Full building report available.

The Complex:  Ashleigh Court Motel is a spacious motel accommodation complex in Blenheim. The complex has 12 modern units, comprising of studio, one and 2 bedroom units. The manager’s accommodation is a four bedroom, two bathroom home with open plan living areas leading out onto a private courtyard.

Ashleigh Court Motel is conveniently located in Blenheim’s CBD. Blenheim is in the heart of the Marlborough Region, often regarded as NZ’s wine capital

 

• Attractive monthly income

• Low maintenance property

• International tourism spend is growing

• Ideal long term investment

• Advantages compared with owning a commercial building are:

o Long term lease.

o Low building costs.

o Continuity of rental through having a positive cash flow business mode, high demand for motel leases and the skills of a lessee are easily transferrable.

 

 

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For more info: View listing on nzbizbuysell