1,000sqm
floor area
2,318sqm
land area
Location | Exceptional central location on one of the thoroughfares of Blenheim, short drive to Blenheim's CBD, the airport, and in close vicinity to Westwood shopping center |
Prime frontage | Fronting one of the main arterial roads of Blenheim, this is an unmissable branding opportunity |
Lease term | Twenty five (25) years of lease remaining |
Parking | Twenty four (24) on-site car parks |
This is a rare opportunity for a passive investment in land and buildings of a well established motel with great returns. With its excellent location, quality buildings and the remaining twenty five years of lease, it presents a future proof asset for your portfolio.
A 17-unit ASURE Phoenix Motor Inn complex is built in four blocks and offers a variety of studio, 1-bedroom and 2-bedroom units. The manager's accommodation is unique in its generous proportions, and seamlessly connects with a reception area, service kitchen, laundry room and a triple garage. The first floor conference room located above the garage has its own entrance and can accommodate events for up to 100 people.
The majority of the complex was built in 1997 with two further units added in 2006. It is complete with a salt water swimming pool, great parking and a guest launderette.
For further information and viewing times, please contact one of the listing agents today.
Licensed under the REA Act 2008
Mobile: +64 21 325 477 |
Office: +64 3 578 7700 |
michael.ryan@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 310 5711 |
Office: +64 3 578 7700 |
erika.williams@bayleys.co.nz |
1,000sqm
floor area
2,318sqm
land area
Location | Exceptional central location on one of the thoroughfares of Blenheim, short drive to Blenheim's CBD, the airport, and in close vicinity to Westwood shopping center |
Prime frontage | Fronting one of the main arterial roads of Blenheim, this is an unmissable branding opportunity |
Lease term | Twenty five (25) years of lease remaining |
Parking | Twenty four (24) on-site car parks |
174 Middle Renwick Road, Springlands
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 325 477 |
Office: +64 3 578 7700 |
michael.ryan@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 310 5711 |
Office: +64 3 578 7700 |
erika.williams@bayleys.co.nz |
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