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Christchurch’s Premier Accommodation Business Opportunity For Sale

Christchurch, Canterbury, New Zealand, ID 245947

Christchurch’s Premier Accommodation Business Opportunity For Sale 1
Christchurch’s Premier Accommodation Business Opportunity For Sale 1
Asking price:
NZD$1 450 000
Owner
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Description

Merivale Manor Accommodation BusinessA rare opportunity to acquire a premium boutique accommodation business of significant scale, strong reputation, and consistent financial performance in the heart of Christchurch.Opportunities of this calibre are rarely available. This offering presents an exceptional acquisition opportunity for experienced operators, investors, or those seeking a high-performing hospitality asset in one of Christchurch’s most desirable locations.Merivale Manor is recognised as one of Christchurch’s leading accommodation providers, offering guests a combination of comfort, quality, and affordable luxury. The property features spacious, well-appointed accommodation, modern facilities, and beautifully maintained grounds within the prestigious Merivale precinct.The complex includes a heritage-listed Manor House featuring 10 elegantly presented suites, providing guests with a unique and refined experience.Additional accommodation is provided through 8 modern executive studio units, designed to deliver comfort, efficiency, and broad market appeal.A standout feature of the property is the separate owner’s residence, offering a rare lifestyle opportunity within the accommodation sector. The spacious standalone home includes four bedrooms, three bathrooms, multiple living areas, private courtyards, and excellent garaging.Key Investment Highlights* 18-unit accommodation complex comprising 10 Manor House suites and 8 executive studios.* Premium Merivale location within walking distance of amenities, hospitality venues, medical facilities, and key attractions.* Strong trading performance with EBITDA of approximately $400,000.* Annual turnover of approximately $900,000 for the financial year ending 31 March 2026.* Established reputation supported by consistent occupancy levels and repeat customers.* Long-term ownership history with proven operational performance.* Lease extension secured.* Comprehensive maintenance programme completed with the property presented in excellent condition.* Turnkey operation supported by streamlined systems and processes.* Suitable for owner-operators, first-time accommodation buyers, or passive investors.With the current owners retiring, this represents a rare opportunity to secure one of Christchurch’s premier boutique accommodation businesses, combining strong financial returns with an exceptional lifestyle offering.Opportunities of this quality are rarely available. Contact today to receive further information or arrange a private viewing.

Details

Real Estate: Lease
Asking price: 1 450 000 nzd

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