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288 Riccarton Road, Upper Riccarton, Christchurch City

$400,000 +GST (if any)

Christchurch Motel Business - Price Reduced!

Prime Location, High Visibility, and Priced to Achieve a Sale…An Exceptional Opportunity!

Are you ready to own an affordable thriving accommodation business in a prime location? This is your chance!

About the property:

- 11-Unit Motel: A Modern Profitable Complex with the perfect mix of units 2 x 2brm, 4 x 1brm, 5 x studio, great for a hands-on, owner-operator or a small team.
- Unbeatable Location and Strategic Position: Located on the bustling main arterial route of Riccarton Road and close proximity to Canterbury University, ensuring high visibility and a steady flow of potential customers. An easy walking distance to Westfield Mall provides guests with endless shopping and dining options, making it an attractive choice for all types of travellers.
- Manager’s Residence: The motel has a good sized three-bedroom, two-bathroom manager’s apartment with office, including a large sunny outdoor area making it easy to live and work on-site for a couple or family. www.apollomotel.co.nz

Why This Motel?

- Easy to Run: With just 11 rooms, this motel is straightforward to manage and operate, allowing for a hands on approach to guest service.
Steady Income: The prime location should guarantee a consistent occupancy rate, providing a reliable income stream.
- Growth Potential: The strategic location near major attractions and amenities offers great potential for increasing revenue and expanding services with a new hands-on management style.

Don’t Miss This Opportunity!

With a relocating vendor this is a rare chance to own a motel business in one of the most sought-after Canterbury accommodation locations. Whether you’re an experienced motelier or looking to start your journey in the hospitality industry, this motel offers everything you need to succeed and is now priced to sell.

For more information and to arrange your private viewing, please contact our specialist Senior Motel & Business Broker, Adam Berry on 021409441 or adam.berry@tourismproperties.com.

Additional details

Type

Tourism & Hospitality

Property ID

73079

Listed on

02/03/2025

Updated

02/03/2025

Data

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