Latest Market Statistics
Read Now
Tourism for Sale

Addington Christchurch City 8011

Price on Application
  • Building: 720m²
  • Land: 1,578m²

Contact the agent if you'd like further information.

Enquire with Agent

Tourism for Sale in Addington

Investment - Superb Long Term Lease

  • Building: 720m²
  • Land: 1,578m²
Listed By:
RWC ChristchurchRaine Blackadder Ltd - MREINZ Licensed (REAA 2008)

Seldom available is the freehold land and buildings of a motel providing an investor an excellent passive investment opportunity.

The property is well leased long term providing you with a rental income for the next 23 years.

2 yearly rent reviews.

High profile corner site location on a main arterial, providing easy direct access to the Central City and is handy to Wolfbrook Arena and Addington Raceway.

The complex consists of 15 units plus the business owner's home.

Exterior renovated this year.

Lessee pays all outgoings.
(approx.*)

Call sole agent Don Hunter on 027 434 5201 or Adrian Raine on 021 344 246 for more information.

Property ID:

CCM31640

Building:

720m²

Land:

1,578m² / 0.39 acres

Zone:

MRZ (Medium Density Residential Zone)

Tenancy:

Vacant

Listed By:
RWC ChristchurchRaine Blackadder Ltd - MREINZ Licensed (REAA 2008)
Contact

Agents

  • Loading...
  • Loading...