A fantastic opportunity to acquire a well-established leasehold motel business in Invercargill.
Asking Price: $990,000
Operating under a 27-year lease, Admiral Court Motel offers a strong trading history, approximately 80% occupancy, this can be a fully managed operation making this an attractive opportunity for an investor, owner-operator, or accommodation group.
The motel features 17 rooms which includes an adjoining self-contained house, offering a diverse accommodation mix suited to corporate travellers, families, sports groups, work crews, and longer-stay guests.
Key Highlights
- Established leasehold motel business (no freehold included)
- 27-year lease providing long-term security
- 17 units/rooms including self-contained accommodation
- Approx. 80% occupancy
- Fully managed operation
- Strong mix of corporate, family, group and extended-stay guests.
Accommodation Mix
- Studios
- One & two-bedroom units
- Larger family/group accommodation
- Self-contained houses for longer stays.
Located on Tay Street, Invercargill, close to the CBD, transport links, and key local demand drivers.
A proven accommodation business with solid earnings, strong lease tenure, and an established operating model.
Enquiries welcome contact Mat Nicolson- 021 55 0134 or Ian Harrington - 027 477 4266
For further information regarding this sale, please complete a confidentiality agreement. Due to commercial sensitivity, no information will be passed on until you have spoken with our broker.
Price $990,000
For further information regarding this sale, please complete our online confidentiality agreement.
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