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Springlands, 174 Middle Renwick Road

Springlands Motels For Sale

$550,000 Plus GST (if any)

Listing Number: BL6774
About this listing
$550,000 Plus GST (if any)

17 Modern and very comfortable smokefree units.
Extremely spacious owners 3 bedroom accommodation.
2 car garaging, separate guest kitchen, large laundry.
Conference facilities.
Inground solar heated salt pool, Broadband.
Long term lease in place.
Very well presented complex.
Situated on busy highway.
Property Information
  • Business Name: Phoenix Motor Inn
  • Leased plant: Eftpos terminal
  • Property Type: Accommodation
  • Type of business: Accommodation
  • Lease details
    • Opex, Rates & Insurance: 26062
    • Rent $: Rent: $124,130, excl GST
    • Start: 30/10/2003
    • To: 29/10/2038
  • Number of staff
    • Full time: 2
    • Part time: 4
  • Listing price details
    • Stock $: 2500
    • Tangible assets $: 282000
    • Intangible assets $: 265500
    • Total (plus GST if applicable) $: 550,000 going concern

Contact Details

Blenheim

Marlborough Real Estate 2008 Ltd

Licensed REAA 2008

1 Scott Street
Rangitane House
Blenheim
Office website

Property Location

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