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The Sanctuary Beach Side

Offers Over $699,000

Freehold Going Concern Canterbury

ID: 1753

The Sanctuary Beach Side

Property Name:
The Sanctuary Beach Side
Address:
5 Campbell St, Timaru
Property Type:
Boutique Properties
Sale Type:
Freehold Going Concern
Price:
Offers Over $699,000 
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
  • Easily managed
  • Great passive investment

 

 

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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Timaru Investment

 

The Sanctuary Beach Side is situated just off Highway 1, but is set in a peaceful quiet street of quality homes with plenty of off road parking for guests.

Just a few minutes walk to local facilities, restaurants, food outlets and convenience stores.

The many sites to see in Timaru, local parks and shopping make this a haven for tourists and locals alike.

Gracious old villa set in lovely grounds, instant street appeal, outside garden seating and a BBQ area.

The interior of the Sanctuary Beach Side has been renovated with care to retain the original features that guests find appealing.

The easy to manage property features 6 luxury suites with shared facilities including a full kitchen. Each of the suites has it's own seating and full internet facilities. The self-check-in system makes this an easily run business in a great location.

This business would ideally suit a person or couple who are looking for an accommodation business, would enjoy living in a central location with minimum involvement in the business and will enjoy the ambiance of the old villa. 

 

Approximate Yield: 9%

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

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