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Ashbury Park Motel

$415,000

Business Canterbury

ID: 1724

Ashbury Park Motel

Property Name:
Ashbury Park Motel
Address:
131 Evans Street, Timaru
Property Type:
Motels
Sale Type:
Business
Price:
$415,000 
Region:
Canterbury
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Peter Smithies

Peter Smithies

Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru

M: 022 391 9593

peter[at]resortbrokers[dot]co[dot]nz

Reasons to buy

  • Location
  • Well presented
  • Easy operation

Peter Smithies

Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru

Contact Agent

Peter Smithies

Mob: 022 391 9593

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

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Don't Pass By - The Guests Don't

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%

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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Peter Smithies

Peter Smithies

Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru

M: 022 391 9593

peter[at]resortbrokers[dot]co[dot]nz

Confidentiality

To access information about this listing please follow the link below and complete the Confidentiality Agreement Form.

Confidentiality Agreement Form

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