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Montana Lodge Motel

$625,000

Business Marlborough

ID: 1682

Marlborough Central Motel

Property Name:
Montana Lodge Motel
Address:
71 Main Street, Blenheim
Property Type:
Motels
Sale Type:
Business
Price:
$625,000 
Region:
Marlborough
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Rick Warren

Rick Warren

Broker | West Coast, Marlborough

M: 022 351 6772

rick[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Profit, profit, profit!
  • Great location
  • Lifestyle plus

Rick Warren

Broker | West Coast, Marlborough

Contact Agent

Rick Warren

Mob: 022 351 6772

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

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The lovely, sunny town of Blenheim is in the Marlborough region, in the north-east of the South Island. It takes nearly four hours to drive the 309km between Blenheim and Christchurch – a beautiful drive through rolling hills of 'wine country'. The seaport of Picton, the gateway to the Marlborough Sounds, Wellington and the North Island, is 28km away.

Traveller’s from New Zealand and the rest of the world visit Blenheim to enjoy its wine industry, gourmet foods, Marlborough Sounds and activities such as golf, fishing, kayaking and water sports.

This well presented 12 unit motel is situated on large grounds with well-appointed studio’s and one and two bedroom units.

This motel also features dual access with parking for the occasional truck driver and beautiful back gardens which lead to a refreshing swimming pool for those warm summer evenings.

The business is showing great profits as the current owners have increased the turnover in the past 18 months.

 

Approximate Yield:

24%

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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Rick Warren

Rick Warren

Broker | West Coast, Marlborough

M: 022 351 6772

rick[at]resortbrokers[dot]co[dot]nz

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