Southland Express Property Press Liftout

Motel - Land, Property and Business

163, 165 Yarrow Street, invercargill, Southland

$1,395,000 Listing#: 4104811

A rare opportunity to purchase a freehold going concern motel located in the CBD which is popular for travellers, large families, school groups, sports teams and corporates alike. A good level of future bookings and occupancy mean it's showing excellent returns. The motel is in great condition throughout and features a mixture of a two bedroom unit(sleeps up to 5), 2 x one bedroom units (sleeps 1-4), and five studio units(sleeps 1-3) plus 3 bedrooms guest house (sleeps up to 8). There is also a three bedroom sunny manager's house with a private courtyard, offering comfortable living for an on-site manager. Most units refurbished and well maintained. Invercargill is experiencing huge growth in investment so now is the time to buy. • Freehold going concern motel located in CBD • A two bedroom unit, 2 x one bedroom units, and five studio units • Three bedroom guest house • Three bedroom manager's accommodation onsite Agency Reference : 27899

Property type: hotel/leisure
Listed on: 21 October 2019 05:00 p.m.
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Agency details
Hoamz Southland

© 2015 hoamz. All rights reserved. hoamz ltd, licensed real estate agent (REAA 2008)

Hoamz Southland
99 Spey Street, Invercargill, New Zealand

Agents

Marieta Yong
marieta@hoamz.co.nz
022 176 6066
022 176 6066

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