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Aston Court Motel

$729,000

Business Marlborough

ID: 1683

Blenheim Motel

Property Name:
Aston Court Motel
Address:
72 Main Street, Blenheim
Property Type:
Motels
Sale Type:
Business
Price:
$729,000 
Region:
Marlborough
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Simon Haslett

Simon Haslett

Broker | Queenstown District, Wanaka, Cromwell

M: +64 21 442 083

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

Reasons to buy

  • Great returns
  • Great location
  • Great lifestyle

Simon Haslett

Broker | Queenstown District, Wanaka, Cromwell

Contact Agent

Simon Haslett

Mob: +64 21 442 083

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

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Blenheim Motel in the Heart of Wine Country

 

The current owners have had a change of circumstances after 2 great years of trading.  A lot of the hard work has been done, they have built a very good client base with regular customers returning on a weekly or monthly basis.

This Motel is very popular with trade staff in the agricultural industry.

A well laid out motel with ample parking and outside seating areas to enjoy the afternoon sun.  There is also a large 4 bedroom home for the owners.

The city centre, with many bars and restaurants, is an approximate 10 minute walk from the motel.  Also, Countdown and the Warehouse are nearby.

Situated on SH1 this business see’s great traffic flow heading to and from Kaikoura and the South.

Easy to run 12 unit motel, showing great returns.  Viewings welcome to qualified buyer’s.

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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Simon Haslett

Simon Haslett

Broker | Queenstown District, Wanaka, Cromwell

M: +64 21 442 083

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

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