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Admirals Motor Lodge

$785,000

Business Marlborough

ID: 1585

Admirals Motor Lodge

Property Name:
Admirals Motor Lodge
Address:
161 Middle Renwick Road, Blenheim
Property Type:
Motels
Sale Type:
Business
Price:
$785,000 
Region:
Marlborough
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Paul Sanson

Paul Sanson

Broker | Manawatu, Whanganui, Wellington, Wairarapa

M: +64 27 903 4267

paul[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • 20 spacious units
  • Excellent guest occupancy trends
  • Attractive gross turnover
  • One of booking.com's best sellers in Blenheim
  • 24 year lease tenure
  • Approximate 26% Return on Investment

 

Paul Sanson

Broker | Manawatu, Whanganui, Wellington, Wairarapa

Contact Agents

Paul Sanson

Mob: +64 27 903 4267

Email: paul[at]resortbrokers[dot]co[dot]nz

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Simon Haslett

Broker | Queenstown, Wanaka, Otago

Simon Haslett

Mob: +64 21 442 083

Email: simon[at]resortbrokers[dot]co[dot]nz

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Established And Growing Business.


Complex

Admirals Motor Lodge is set in beautiful grounds with mature trees, outdoor guest areas and a picturesque creek.

The motel offers a broad range of 20 spacious units comprising:
• 1 x three bedroom
• 5 x two bedrooms
• 3 x one bedrooms
• 11 x studios

The complex has conference and boardroom facilities, comprising one large conference room that can cater for up to 50 people and a smaller boardroom for up to 15 people.  A commercial kitchen and bar connects to the conference facilities.

There is ample car parking and facilities which include an outdoor area with BBQ’s, swimming pool and spa.

Conveniently located, Admirals Motor Lodge is only 800m from the Springlands shopping mall and a number of restaurants, cafes and bars are within walking distance.

The property is located 5 minutes drive from Blenheim airport and town centre and 25 minutes from the Picton ferry.

Owner’s accommodation

An attractive and spacious 3 bedroom, 2 bathroom residence with private courtyard. Reception, connected to the residence, also has a separate office.

Blenheim

Admirals Motor Lodge, Blenheim, is located in the stunning Marlborough area, well known as a centre of New Zealand's wine industry. It enjoys one of New Zealand’s sunniest climates.

Marlborough has just been named, by United Kingdom publication ‘Luxury Travel Guide’ this year’s Culinary Destination of the Year. (source: Stuff, August 25, 2016).

The Marlborough region has a wide range of leisure activities, from swimming with dolphins in the Marlborough Sounds to watching whales in Kaikoura; from walks through the bush and along the rugged coastline, as well as scenic boat cruising, fishing, water-skiing and kayaking. The relaxed lifestyle and the flourishing wine and gourmet food industry in Marlborough are enjoyed by both locals and visitors alike.

 

Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.

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Paul Sanson

Paul Sanson

Broker | Manawatu, Whanganui, Wellington, Wairarapa

M: +64 27 903 4267

paul[at]resortbrokers[dot]co[dot]nz

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