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Waitaki Median Price
Waitaki Median Rent
Oamaru rent price
Waitaki schools
A500 Thames Highway, Oamaru
$3,900,000+ listed in Mar 2016
Commercial:
Land size:  [Measure]
Agent: Robertson Real Estate Ltd - LJ Hooker, Oamaru

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Property Description:
Unique investment opportunity in one of North Otago's growth industries. On offer The Armada Motor Inn and The Galleon complexes located on the northern gateway of Oamaru and close to the Business Park. Two prominent and successful well established properties. 1.Comprising 27 spacious self-contained motel units with the owner's residence and reception. This business is part of the Asure Motels Chain. 2. Situated on the land, The Galleon complex comprising the lounge bar (seating for about 100 patrons), the restaurant/café (seating up to 80 patrons) and adjoining kitchen. A function room (seating up to 120 patrons). The gaming room with profits benefitting local community groups and 8 lane bowling alley. Also available is an adjoining 8,000m2 of base land which represents prime feature development and expansion of the existing complex on offer. Property Information Memorandum available on request. Tourism is a growth industry in North Otago and this business is poised for exceptional growth and revenue opportunities. Price on application.

Contact Frances Lemm on 0274 353 075 or a/h 03 437 1166
Nearby Schools:
NameTypeDecileDistance
Waitaki Boys' High SchoolSecondary6859 meters
St Kevins College (Oamaru)Secondary7632 meters
Ardgowan SchoolPrimary72.3 km
Waitaki Girls' High SchoolSecondary62.7 km
St Joseph's School (Oamaru)Primary63.2 km
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The property data is from the public websites.

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