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13 Archibald Street, Tinwald, Canterbury, 0 bedrooms, 0浴, Hotel Motel Leisure

$2,199,000

13 Archibald Street, Tinwald, Canterbury

Hotel Motel LeisureListed on Tue Aug 8
school zone
$13,064/Monthly repayments
Based on estimate value
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Tinwald Be Your Own Landlord - No Rent Pressure!

Well-presented 14-unit motel on State Highway 1 prime location in Ashburton, Mid-Canterbury. All of the units are spacious and the motel is complemented by a 4-bedroom Manager's residence with excellent living areas. The motel is located on a site of almost 2,900 sqm, and includes another 3-bedroom house.

Ashburton has a population of just under 20,000, with another 12,000 living in the wider district. It is the central hub of the mid-Canterbury area and is generally well-served with amenities. It is approximately 1 hour's drive south of Christchurch and under one hour's drive north of Timaru. Ashburton services a large rural hinterland which has seen dairy farming become well-established, especially over the past 20 years or so.

The membership of a nationwide Group provides an advantage to the motel as it is the only member of that group in Ashburton, and as a result is sought out by prospective guests.

Here is a well-established profitable business on a valuable freehold property. The recent performance of the business is very good and is a testament to the work of our Vendors.

Take advantage of this freehold going concern opportunity - make it yours! Enquire now.

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Ref:CIC58966Last update:2024-05-11 15:23:14