97 King Street, Timaru

From $4,490,000 + GST (if any)
2,446m2
Land Area
1,020m2
Floor Area

+19

+18

Ashley Motor Lodge Timaru

Situated at Timaru's southern end, this motel thrived during the pandemic, achieving its best trading year in recent memory. It proudly holds a 4.5-star rating within the esteemed ASURE Accommodation Group and consistently ranks high on Trip Advisor in Timaru. With 17 well-designed units, from cosy studios to spacious one- and two-bedroom options, and a separate three-bedroom house, it caters to a diverse client base, including corporate and leisure travellers. Notably, this setup integrates utility, rate, insurance, telecom, and periodical costs into the business model, relieving owners of typical expenses. The infrastructure and assets are well-maintained, requiring minimal immediate expenditure. A robust website and operational system ensure a seamless transition for new owners. This is an ideal opportunity to acquire a profitable business with a solid reputation. It includes a four-bedroom owner's residence with 2 bathrooms, a spacious living area connected to the reception area, and a single garage used for storage. The motel consistently delivers excellent returns and strategically sits near SH1 and the hospital. All serious offers are welcome due to high occupancy rates and a loyal clientele. This property is a promising business endeavour or investment diversification opportunity worth serious consideration.

97 King Street, Timaru

Web ID

TMC171201

Floor area

1,020m2

Land area

2,446m2

District rates

$17,791.50 (Motel) $3498.59 (House)pa

LV

$460,000 & $155,000

RV

$2,780,000

From $4,490,000 + GST (if any)
View by appointment

Contact


Michael Richardson

Michael Richardson

027 228 7027

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Property enquiry

Property enquiry for
TMC171201
Richard Brown

Richard Brown

027 228 3004

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About the location


Satellite

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Situated at Timaru's southern end, this motel thrived during the pandemic, achieving its best trading year in recent memory. It proudly holds a 4.5-star rating within the esteemed ASURE Accommodation Group and consistently ranks high on Trip Advisor in Timaru. With 17 well-designed units, from cosy studios to spacious one- and two-bedroom options, and a separate three-bedroom house, it caters to a diverse client base, including corporate and leisure travellers. Notably, this setup integrates utility, rate, insurance, telecom, and periodical costs into the business model, relieving owners of typical expenses. The infrastructure and assets are well-maintained, requiring minimal immediate expenditure. A robust website and operational system ensure a seamless transition for new owners. This is an ideal opportunity to acquire a profitable business with a solid reputation. It includes a four-bedroom owner's residence with 2 bathrooms, a spacious living area connected to the reception area, and a single garage used for storage. The motel consistently delivers excellent returns and strategically sits near SH1 and the hospital. All serious offers are welcome due to high occupancy rates and a loyal clientele. This property is a promising business endeavour or investment diversification opportunity worth serious consideration.

From $4,490,000 + GST (if any)

Discover a golden opportunity to step into the world of owning your own commercial building. Nestled in a prime location, this retail shop has a thriving hairdresser business buzzing with activity at present. Situated strategically in Temuka's main street, the shops visibility is second to none. Don't miss out on this opportunity to set up and be a part of Temuka's vibrant business community.

From $90,000 + GST (if any)

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Price on Application

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