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Listed over 1 year ago

ID#420396

282 Blenheim Road,

Riccarton

Christchurch City
Auction
0
0
850
(9,146 sq.ft.)

Enormous Opportunity!

Blenheim Road Motor Lodge, Christchurch, is an established 17-unit motel, with breakfast and conference facilities, set in a prime location at 282 Blenheim Road, Riccarton, on 4,215 m2 of land zoned Living 1. 5-bedroom owner's / manager's accommodation is located on the upper storey of the main building.
Our Vendors have undertaken some refurbishment of 16 studio motel units to the rear of the property. There is a substantial area of car park to the front of the site. Overall, the site is still considered to underutilised and could benefit from the addition of further motel facilities, or a redevelopment to realise the potential of the site and use it more fully (subject to Christchurch City Council approval).
The property has a highly visible frontage to Blenheim Road. On the opposite side of Blenheim Road from Blenheim Road Motor Lodge is a major Warehouse retail store, and other commercial activity.
Blenheim Road Motor Lodge caters for a wide range of guests, from independent travellers, through to contractors and staff working on Christchurch's rebuild.
Blenheim Road is a main arterial route into central Christchurch from the south and carries up to 30,000 vehicles per day. Blenheim Road Motor Lodge at 282 Blenheim Road is conveniently located within a few minutes' drive of many of Christchurch's major amenities.
This property is offered for sale by Auction as a freehold going concern, with the business included at a nominal value of $500,000.
Our Vendors have owned and operated Blenheim Road Motor Lodge for approximately 24 years, and are now seeking semi-retirement, offering a purchaser a huge opportunity to either continue as at present, or to further develop the site.
The premises and business are to be sold by Auction in the Harcourts Grenadier Auction Rooms from 12 noon on Thursday 19 April 2018.

Keywords

Features

  • Off-street parking

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Agent

Athol McCully

NAI Harcourts Grenadier Commercial

Licensed Real Estate Salesperson (REA 2008), Member of the REINZ

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Listed over 1 year ago

ID#420396

282 Blenheim Road,

Riccarton

Christchurch City
Auction
proudly marketed by
Athol McCully
NAI Harcourts Grenadier Commercial
Athol
+64 27 433 8052
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