Dual Motels for Sale Christchurch

Description

Each $600,000 + GST (if any) vendor agreed to sell separately, total price $1.2m209 & 136 Bealey Avenue, Christchurch, New ZealandLease term remaining at least 25 yearsA rare opportunity to acquire two well-performing motels located on the same prime street in Christchurch. Recent renovations were completed in 2024, with a combined total of 30 modern units. This package is suited to investors seeking low-maintenance accommodation businesses.Motel 1: Abbey Motor Lodge - 209 Bealey AvenueTotal Units: 15Room Configuration:Studios 31-Bedroom Units 82-Bedroom Units 23-Bedroom Family Unit 1Key Features:Large rooms suitable for families and long-term staysFull kitchens in most unitsRenovated in 2024 with updated interiors, appliances and fittingsAmple off-street parking, guest laundry and fibre Wi-FiCentral yet quiet location with strong repeat guest demandMotel 2: 136 on Bealey - 136 Bealey AvenueTotal Units: 15Room Configuration:Queen Studios 4Twin Studios 7King Spa Studio 1Kitchenette Units 4Interconnecting Rooms: 4 units combining 4 Kitchenette Units with 4 Twin Studios (not additional rooms)Key Features:Well-maintained and business-oriented designPopular with corporate and short-stay guestsRecently renovated with modern bathrooms, furnishings and fixturesFibre broadband, smart TVs and guest laundry servicesCentral location on arterial routeLive-in manager in place, allowing simple operation or remote oversightKey Investment Highlights:Combined 30 fully renovated rooms across two propertiesLive-in managers at both sitesLocated on Bealey Avenue with high visibility and traffic flowMixed guest base including families and corporate staysProven income history with further growth potentialFuture branding or consolidation options available for investors