Canterbury | Christchurch City | Upper Riccarton

Upper Riccarton

Asking Price $1,650,000

3

1

20

Stunning 35.7% (approx) Net Profit (EBIT) in Top location

A beautiful 25 unit property with a three bedroom home attached, conveniently located about 7 minutes from the Airport and close to the CBD.. A second home is on site which has two bedrooms. It is presently part of the rental pool and can easily be taken out. The property enjoys a great occupancy rate. Due mainly to its corporate base, easy location, and on-line providers. The motel enjoys a reputation that translates into a seven-figure return annually. The property has the unique capacity to be a two couple operation. It is a branded Motel, which provides strong annual bookings, along with being part of a large world partnership.

Features

Property ID

16180245

Carports

20

Laundry

Fully operational in house machines

Front Yard

All parking, Gated

Back Yard

Children play area / BBQ area with grass

Land Size

1719 Square Mtr approx.

Remote Garage

Secure Parking

Alarm System

Built In Robes

Study

Rumpus Room

Outdoor Ent

Courtyard

Fully Fenced

Dishwasher

Broadband

Pay TV

Location

Premier

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