Broker | Balclutha, Dunedin, Invercargill, Oamaru, Timaru
Situated on the motel strip of Timaru, the Blue Dolphin is an affordable, family-friendly business.
Priced to sell by realistic vendors who are keen to move onto retirement. This is a chance for purchasers with a keen eye to see the potential in this business.
The motel has a good mixture of accommodation, there are 11 well-appointed units with most being double glazed. There is a variety of options for guests from a studio unit to a two bedroom split level apartment.
There is also a good sized separate three bedroom owners home.
With steady returns over the last few years this will not only make your accountant happy but also gives you the great lifestyle of Timaru.
There is plenty of onsite parking and side street parking in a quiet street for larger vehicles.
Approximate Yield: 26%
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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