174 Middle Renwick Road, Springlands, Blenheim, Marlborough

This is a rare opportunity for a passive investment in land and buildings of a well established motel with great returns. With its excellent location, quality buildings and the remaining twenty five years of lease, it presents a future proof asset for your portfolio.

A 17-unit ASURE Phoenix Motor Inn complex is built in four blocks and offers a variety of studio, 1-bedroom and 2-bedroom units. The manager's accommodation is unique in its generous proportions, and seamlessly connects with a reception area, service kitchen, laundry room and a triple garage. The first floor conference room located above the garage has its own entrance and can accommodate events for up to 100 people.

The majority of the complex was built in 1997 with two further units added in 2006. It is complete with a salt water swimming pool, great parking and a guest launderette.

For further information and viewing times, please contact one of the listing agents today.