Commercial
More from realestate.co.nz:
Agents News

Tenanted Investment – Soaring Returns

56 Roydvale Avenue, Burnside

Hotel Motel Leisure
dollar

Deadline Sale

Floor area
1031m2
On this page:

Deadline sale

Wednesday
4:00pm
19
Nov

Map

Property details

Listing # 048148S | Listed on 22 October

Deadline Sale closing Wednesday 19th November 2025 at 4:00pm (unless sold prior).

On offer is a long-term freehold investment under a new 30-year lease to an experienced operator at $305,000 + GST per annum. The lease provides fixed rental increases together with rent reviews at agreed intervals, delivering predictable income growth and inflation protection. Assets of this quality, tenure and supreme location are seldom available in the airport precinct.

The tenanted investment ‘Airport Palms Motel’ is a modern, post-earthquake built 4.5-star accommodation asset comprising 22 guest units plus a separate three-bedroom manager’s residence across three freestanding buildings on a 2,387 sqm freehold site.

Strategically positioned less than 5 minutes from Christchurch International Airport and just off Memorial Avenue, the property benefits from strong year-round corporate and tourism demand.

Investment highlights
- Freehold investment with brand-aligned 4.5-star presentation and low-maintenance construction.
- New 30-year lease (see Lease Agreement section) at $305,000 + GST p.a.
- Fixed rental increases + rent reviews, supporting medium- to long-term income growth.
- 22 units + 3-bedroom manager’s residence; efficient layout for on-site management.
- Prime airport-fringe location with excellent access to arterials and key demand drivers.

Located within the thriving canterbury region, this investment is set to benefit directly from the Christchurch Stadium opening April 2026.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration