Total of 18656 firms and businesses for sale today Friday 26th April 2024
Time to Sell or Time to Buy !

Commercial Property For Sale. Motel Development Site â?? Opportunity Plus!!!

LISTING DETAILS
Firms For Sale ID:
31566
Vendor reference:
15255
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$650,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
We proudly offer a potential motel development site (subject to Council approval) on 985 sq m of flat land zoned L3 (high density housing). Situated right in one of Christchurchâ??s iconic four avenues, this site offers the chance to construct a motel complex to take advantage of the current huge demand for accommodation in Christchurch. While the site has an old villa on it being rented short-term post-earthquake as professional offices, the opportunity to utilise it as a motel or apartment development site is both exciting and compelling.

The Christchurch motel industry is booming, and demand is expected to be strong for at least several years while the city rebuilds.

If ever there was a time to develop motels in Christchurch â?? this is it!! Choose to develop, operate yourself, or sell the lease and retain the freehold investment â?? this opportunity comes with a whole range of options. Call today for further details!