Motel Accommodation/Tourism Business for Sale

28 Waihi Terrace Geraldine, Timaru District 7930


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    Motel Accommodation/Tourism Business for Sale in Geraldine


      The Asure Scenic Route Motor Lodge offers a great opportunity for a Motel Operator to purchase the lease.
      This easily managed 4-star Motel is centrally located in the lovely township of Geraldine, on the main street and adjacent to the Geraldine shopping center.
      The motel features 14 units comprising:
      - 3 x King Studio Units,
      - 3 x King Spa Studio Units,
      - 5 x King plus Single bed Studio Units,
      - 3 x Two Bedroom apartments.
      Each self-contained unit is equipped with heating/air-conditioning, King Beds, kitchens, 32-inch flat-screen TV with Sky and satellite channels. (Two suites have wheelchair-access facilities)
      The motel is on the main scenic route being a 90 minute (137km) drive south from Christchurch airport and 13km drive from Timaru. Pleasant one hour drive to Lake Tekapo.

      The complex was developed Ten years ago and is both modern and appealing with a great street appeal. The current owners work hard to ensure the units are maintained to the highest standards and have re-invested in new bedding and Heat Pumps for a new owner.
      Owner's Accommodation: A spacious Owner's residence with 3 Bedrooms, open plan kitchen/dining/ lounge, internal entry garage with a view of the complex.

      ASKING $699,000 plus (GST if any)
      (For a full property pack) Contact Mike Grant 021 272 0202 .....................
      For Finance information;
      Loan Market
      Mark Caldwell
      Mortgage Advisor M:027 249 6377 E:

      Property ID:




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