Hacienda Motel is for sale as a Freehold Going Concern strategically located on Tay Street Invercargill. This is one of the first motels coming into Invercargill from Dunedin on State Highway 1. It is a great opportunity for either an experienced motel operator or someone looking to enter the motel industry who can take this motel to the next level. It is part of the Golden Chain Motels group which has nearly 100 motels throughout New Zealand.

The motel is about a 5 minute drive to the city centre, 10 minutes drive to the airport and walking distance to Indoor Cycling Velodrome, Surrey Park, Stadium Southland and Ascot Raceway with a 5 minute walk to the Ascot Hotel Conference Centre.

The motel complex provides 7 modern clean, comfortable and spacious ground-floor motel units where guests park outside their door.

The motel comprises:

4 x Studio units
2 x 1 Bedroom units
1 x 2 Bedroom unit

The owner's accommodation is a great warm, sunny home and office and is stand-alone from the motel units to allow for privacy. This home features 3 large bedrooms, the master bedroom and an ensuite and dressing room which opens on to a patio and the private back lawn. There is a large dining and lounge area opening on to a very private patio and landscaped gardens. The home also has a single garage as part of the owners home and office.

There is also an adjoining section with frontage on to the side street (10 Carnarvon Street). This property currently has a large high stud shed on the property but could allow the new owner to expand the current motel operation (subject to Resource Consents from the local council). This property is reasonably priced at $130,000 plus GST if any.

Broker's Comments:

If ever there was a brilliant deal,