Superb Motel Passive Income - Watch It Grow! For Sale

LINK# 12212

Ad ID# 6366

Location: Canterbury
Category: Accommodation and Motels

Financials

Asking Price:

$1,140,000

Business for Sale Summary

We proudly offer a superb motel freehold land and building investment in a South Canterbury town. There is a long secure lease in place, and the excellent tenants are running the business well. A rent review due soon (and already agreed with the tenants) will provide an attractive return of just over 7% on the asking price. Here is a "bricks and mortar" opportunity with a more attractive return than money in the bank! Enquire today to secure your future income.

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Contact Seller

Mention you viewed this ad on BusinessSale.co.nz

Athol McCully
Link Business Broking Ltd
MREINZ Licensed Agent REAA 2008
03 366 3394
027 433 8052

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Related Categories: Accommodation and Motels for Sale
Location: Businesses for Sale NZ > Canterbury Businesses for Sale

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