Four Peaks Motel, 28 Mckenzie Street, Geraldine, Timaru

From $1,595,000 + GST (if any)
3
Bedrooms
2
Bathrooms
2
Garages

+30

+29

Lifestyle and Income Opportunity

Centrally located within an easy walk of the Geraldine Village is this modern and well-appointed 2001, 173m2 home set on a flat 1,692m2 section. The home has a lovely open plan kitchen/dining/living, three bedrooms, master with ensuite, an additional family bathroom, an office or second living space, and an internal access double garage that includes the laundry. The home is well heated by a log burner and heat pump and has a large private outdoor area at the rear with raised vegetable gardens, that has potential for further development. Also on offer on a separate adjoining 706m2 title are 6 well-appointed self-contained studio units, 5 with king beds in each and 1 larger two room unit with 2 king beds totaling approximately 197m2. The business is designed for the discerning traveller looking for quality and quiet accommodation at great value. With an established reputation for quality accommodation and excellent service, proven profitability, and excellent customer reviews and ratings, it's not surprising the motel has both high occupancy and high levels of repeat business. The motel is ideal for couples, business travellers, single travellers, and clients value that the complex is both dog friendly, child/family free and smokefree. The current owners love the lifestyle and income opportunities their property provides them and their years of accommodation industry experience has enabled them to grow the business and modernise the property over the last 6 years, creating a fantastic opportunity for the next owners to walk into. This freehold going concern is a 'move in ready' lifestyle and income opportunity that lets you 'Live the Dream in Geraldine' while deriving an income from Geraldine's strong domestic and international tourism market.

Four Peaks Motel, 28 Mckenzie Street, Geraldine, Timaru

Web ID

GEU196177

Floor area

370m2

Land area

2,397m2

District rates

$11,727.63pa

LV

$485,000

RV

$1,080,000

3
Bedrooms
2
Bathrooms
2
Garages
From $1,595,000 + GST (if any)
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Anna Coleman

Anna Coleman

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GEU196177

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