Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru
Ashbury Park Motel is situated over-looking Ashbury Park towards the sea.
The 8/9 units and two bedroom owner's home are all in good condition and are returning a steady profit.
The units range from a studio through to a family unit that can be connected with another to provide for upto 6 guests. This gives the option to cover most guest requirements. The recently renovated motel units are all double glazed and have been bought up to a high standard.
This business can easily be run by a couple or just one person with a little extra help from time to time. This is an ideal smaller business for those looking in this price range.
Ashbury Park Motel is an approximate 5 minute walk from Caroline Bay beach and many restaurants and a supermarket. Ashbury Park Motel is the first motel if arriving from the north and has plenty of parking and is able to provide parking for larger vehicles.
Approximate Yield: 19%
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