Clicky

My Watchlist
09 369 9708

Blue Dolphin Motel

$380,000

Business Canterbury

ID: 1725

Blue Dolphin Motel

Property Name:
Blue Dolphin Motel
Address:
40 Evans Street, Timaru
Property Type:
Motels
Sale Type:
Business
Price:
$380,000 
Region:
Canterbury
Share
Print + Watchlist View Similar Listings
Enquire Now
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
  • Room to improve
  • 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

Download vCard

Good Location and Affordable

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.

Share
Print + Watchlist View Similar Listings
Enquire Now
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

Top