A rare opportunity exists in Kaiapoi, the only motel in town is for sale. Located on the main street going into Kaiapoi, with three freehold titles on offer. The vendors instructions are to sell all three, however lots one & two combined offers a fantastic package for development and further growth of the business. The vendors have 6 modern motel units and 2 houses that offer excellent returns on investment. Kaiapoi is a rapidly growing catchment area for residential and commercial property development and the increased demand on accommodation continues to grow.

Lot one $1,200,000 + GST if any. Land area 1227m2 more or less. There are six modern self-contained studio units including one accessible unit, approx. 35m2 each. Each unit has a queen and single bed configuration. There is a three bedroom house approx. 120m2, with open plan lounge, kitchen and dining area with a laundry and toilet off the dining area. One single bedroom and two double bedrooms at the main entrance with shared bathroom and toilet facilities.

Lot two $300,000 + GST if any. Land area 721m2, two-bedroom house is approx. 90m2, with open plan kitchen, dining and lounge area with two double bedrooms and shared bathroom and toilet facilities.

Lots one & two can be purchased for $1,500,000 + GST if any. This offer includes resource consent to build a further 9 motel units plus the managers/owners 3 bedroom home to compliment the 6 already built. Included in the price are two freehold titles, the architect’s detailed drawings, structural and fire engineer's reports.

Lot three is the family home for $500,000 + GST if any. Land area approx. 1162m2. The four-bedroom house is approx. 260m2 and includes dining, living areas with an open plan kitchen. The laundry, bathroom/shower room and office a