554 Moana Court Motel, Invercargill
Contact Agent(s)
Property Name: 554 Moana Court Motel
Address: 554 Tay Street, Invercargill
Property Type: Motel
Sale Type: Business
Price:
Region: Southland
Are you tired of working for somebody else and want the freedom to be the master of your own destiny, then look no further.
A very tidy 10 unit motel with a large owners residence, with a growing turnover and steady business history. Originally built as a 7 unit motel, the previous owner built three additional units to enhance the business opportunities that were presenting themselves and at the same time, built a dedicated office/reception area. While building the additional units, the original units were stripped bare and totally refurbished to the same quality, so basically we have a new 10 unit motel. The current owner has carried on with the improvements and put some work into redecorating the house, so there is little maintenance left.
Being the only motel that backs onto Stadium Southland and the new Velodrome has an advatage of being first fill when there are events on in town. With the added bonus every year of the cycle classic, "Tour of Southland", adding a full motel occupancy for over a week at a time.
Invercargill has a steadying occupancy all year round, due to there not being an over supply of accommodation and the need for servicing of a large commercial and rural area. Recent discovery of gas deposits off the southland coast and the huge impact of the dairy business on the region, will see this city continue to shine.
Don't let this opportunity go buy without a serious look, further details are available upon request.
Downloads
| Confidentiality Agreement New 554 Moana.pdf (144.86 KB) |
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