Dual Motels for Sale Christchurch

Description

Business type: motel accommodation

Location: Bealey Avenue, Christchurch, New Zealand

Properties: two

Total asking price: $1,200,000 plus GST if applicable

Price per motel: $600,000 plus GST if applicable

Separate purchase: available

Lease term remaining: at least 25 years

Combined offering

Total units: 30

Renovation: completed in 2024

Live-in managers: in place at both sites

Guest mix: corporate, family and short-stay

Abbey Motor Lodge

Address: 209 Bealey Avenue, Christchurch

Total units: 15

• Three studios
• Eight one-bedroom units
• Two two-bedroom units
• One three-bedroom family unit

Full kitchens: available in most units

Off-street parking: available

Guest laundry: available

Internet: fibre Wi-Fi

Guest demand: repeat and longer-stay trade

136 on Bealey

Address: 136 Bealey Avenue, Christchurch

Total units: 15

• Four queen studios
• Seven twin studios
• One king spa studio
• Four kitchenette units

Interconnecting rooms: four combinations using kitchenette and twin units

Guest laundry: available

Internet: fibre broadband

Room equipment: smart TVs

Live-in manager: in place

Location

Street: Bealey Avenue

Road exposure: high

Access: central Christchurch arterial route

Growth

• Increase occupancy
• Develop corporate business
• Introduce new branding
• Combine management or marketing across both motels