Hidden Treasure On South Island

Invercargill, Invercargill

$330,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1bs8yb3

554 Moana Court Motel is an easy to manage motel business located on the popular Tay Street, the motel strip of Invercargill.

There are 10 spacious ground floor motel units with barbecue facilities and free parking on site and and a sunny warm 3 bedroom owners residence . The motel complex comprises of:
- 4 x Studios
- 4 x 1 Bedroom units
- 1 x 2 Bedroom unit (access unit)
- 1 x 3 Bedroom unit

Moana Court Motel business is for sale and if you're looking for a new lease on life, this is a rare opportunity you need to examine closely. Beautifully situated to capitalise on Invercargill's booming tourist attractions being neighbours of Stadium Southland with it's year round national and international events and very close to the world acclaimed Bill Richardson Transport Museum and cafe. It is the closest motel to Bill Richardson Transport World, the Velodrome, Stadium Southland, Surrey Park Softball and Soccer, Badminton Hall and Athletics Stadium, Netball Courts. Invercargill has a mixture of Corporate, Domestic, International and New Zealand tourist visitors who come to see and experience the Southern Scenic Tourist Route.

Owner's Accommodation: there is a sunny and spacious 3 bedroom home and a large reception office. This is an ideal opportunity for someone to enter the motel industry, work it as a couple or manage it by themselves. The hard work has been done on the refurbishment side, it is a great clean and modern motel complex on the popular Tay Street Motel Strip awaiting a new owner to take it to the next level.

Lease: This business has a great lease expiring 29th June 2042 with rent reviews 2 yearly and the next rent review is in 2018.

DON'T LET THIS ONCE ONLY CHANCE TO TAKE CHARGE OF YOU'RE OWN WORKING LIFESTYLE SLIP BY!! There's is much more to this beautifully presented motel and we would be pleased to explain more to you. Call agent David Han 021 498 924 or email :david.han@bayleys.co.nz

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