BUSINESS DESCRIPTION
Check out these features:
* 10 well-presented ground-level units plus Conference room
* All presented in sparkling order
* Spacious 3-bedroom manager's residence
* Key State Highway 1 location close to Caroline Bay, cafes, shops etc
* Secured by long lease
* Plus income from 2 additional family apartments
This motel offers a superb opportunity for a purchaser to enter the motel industry and reap the rewards of the vendor's efforts, in a convenient well-located complex.
Timaru city and port are situated on the east coast of the South Island, and are surrounded by a predominantly rural hinterland with rivers offering superb fishing and swimming, ocean beaches, the well-known Caroline Bay, and is only just over an hour's easy drive to lakes, mountains and skifields. Mt Cook Village makes an enticing daytrip a little over 2 hours' drive away. The city is serviced by an airport with regular commuter services to New Zealand cities.
Timaru is a popular destination for summer holidays, with the annual Caroline Bay carnival attracting visitors over the Christmas and January period each year. The central location of Timaru in the South Island also makes it a favoured location for sports and cultural tournaments and activities. The commercial, sporting and social activities of the city and surrounding area bring excellent regular custom to Timaru motels.
This is an excellent entry-level opportunity into the motel industry. To enquire about this motel business and reap the future returns, enquire today!