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Methven, 51 Main Street

Passive Tenanted Investment - 7.4% Return on Asking Price

$2,950,000 Plus GST (if any)

Listing Number: CIC48844
About this listing
51 Main Street, Methven, is a 1.2ha site which is home to the Methven Resort, an attractive and well-maintained complex which has 45 studio rooms and two suites of guest accommodation. A restaurant, café, three bars, large conference/function centre (used for conferences and weddings), and several smaller meeting rooms are included. An excellent commercial kitchen services the complex. A drying room and storage for skis and snowboards are also provided.
Separate outdoor 25 metre heated swimming pool together with three hot pools provide another attraction.
The building has a rating of 68% NBS, and our Vendor has completed significant upgrading work. Long secure lease in place to tenant/operator.
A truly great opportunity for an investor - enquire now. $2,950,000 + GST (if applicable)
Property Information
  • Approx Floor Area: 3770 sqm
  • Tenure: Fee Simple
  • Property Type: Tourism / Motel / Hotel

Contact Details

Harcourts Christchurch City Commercial

Grenadier Real Estate Ltd

Licensed REAA 2008

98 Moorhouse Avenue
City
Christchurch

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