Brand New Boutique Christchurch Hotel/Motel ...

Christchurch City

$599,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1bpms07

Brand New Boutique Christchurch Hotel/Motel Opportunity!





Two-storey boutique Christchurch hotel/motel currently being constructed, and planned to be completed by late 2016. The hotel will have 10 rooms, in the style of hotel and motel rooms, with units accessible internally from hallways. There will be 8 studio rooms (including one access unit), and 2 x one-bedroom units, with a studio Manager's apartment.

The building will also house a restaurant on the ground floor street frontage, providing further convenience for hotel guests.

There is also a range of restaurants in the vicinity and the popular Colombo Mall is just a short stroll away.

Guest parking is also being provided for at the rear of the building, with easy street access.

A new 35-year lease will be provided, with reasonable starting rental.

This is an ideal hotel/motel for corporate and business guests visiting businesses in the area, and provides another much-needed accommodation option for Christchurch, where the accommodation industry has been operating at high occupancy levels since April 2011.

We see this boutique hotel operation fulfilling an accommodation need in an area which has traditionally been underserviced, and we believe that this offers an excellent entry level opportunity for a purchaser to participate in the buoyant Christchurch accommodation industry.

Early enquiry is strongly recommended.
Ref: 19206
Timestamp: 20170323044555

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