This opportunity represents a rare chance to acquire a thriving business in a growing market. This well-established business is located in a prime central city location, yet just 15 minutes from Christchurch International Airport, and offers both comfort and convenience to its guests with its quality fitout. The business comes with a new 35-year lease and a very comfortable 3-bedroom Manager's apartment.
The 14 units are comprised of studios, one- and two-bedroom suites, and a penthouse, allowing the business to cater to a variety of guests. The modern design with double glazed windows help to keep the rooms quiet, ensuring a peaceful stay for guests. The property has been maintained to a high standard and provides lift access to upper storeys.
In addition, the property has ample secure cars park on-site, which is a significant benefit to guests. The location is very central, close to The Christchurch Town Hall and the Christchurch Convention Centre (Te Pae) and has over 20 restaurants located close by. This is the first time the business has been available for purchase since establishment - until now it has been operated under management, providing an opportunity for an owner operator to take it forward.
Overall, this business provides a steady stream of revenue and plenty of room for growth. Take the opportunity to own a piece of this highly sought-after market at a time of increasing custom - contact me now for more details.