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Leasehold Properties For Sale

- Canterbury & West Coast
 

The following listings are Leasehold Property listings and are arranged according to price, lowest first. For further information on this type of investment please read the 'What type of Investment? page. This should help you to find the best investment for you. Remember we may have a business or property listing for you that is not advertised on this website. Please send your enquiry for further assistance

 

 

Other types for sale:

Freehold Going Concerns

Investment Properties

Management Rights

 

Quick Help - click on any of the following to go straight to the listing

Location

Description

Asking Price

+ GST if any

Ref No.

Hanmer Springs Luxury European Alpine Lodge

By Negotiation

LH420

Christchurch One of the Best!

POA

LH533

West Coast

Ideal first lease motel option!

$295,000

LH204CW

Christchurch

Motivated Vendors

$195,000

LH501

Westport

Tourism Focus

$295,000

LH502

Greymouth

Well Established

$299,000

LH503

Timaru Location, Presentation, Potential Plus!

$300,000

LH534

Christchurch

Bealey Avenue - Prime Location

$349,000

LH504

Christchurch

Well located on major arterial

$330,000

LH505

Arthurs Pass Area

Bealey Hotel

SOLD

LH247CW

Christchurch

Boutique Luxury

Under Contract

LH801

Rangiora An Excellent 1st Motel Lease Option $385,000 LH532
Timaru Established Entry Level Motel & Backpackers

$295,000

LH535

Geraldine

One of the countrys most loved towns!

SOLD

LH401

Hokitika

4 star Qualmark

SOLD

LH506

Christchurch

Top location, Top Performer

SOLD

LH802

Christchurch

Favoured Bealey Ave Location

Submit Offers!

LH716

Christchurch

Great Location

SOLD

LH507

Christchurch

Fabulous Backpackers Business

Offers over $400,000

LH418

Westport

Prime high profile corner site

$620,000

LH508

Timaru

Prosperous Provincial City

SOLD

LH252CW

Greymouth

Location, Quality, Performance

$650,000

LH510

Christchurch

Good Basics!

SOLD

LH703

Christchurch

A Genuine Quality Option

$675,000

LH803

Fox Glacier - West Coast

Spectacular Rainforest & Mountain Views

$695,000

LH511

Twizel

A Lot of Lifestyle

SOLD

LH240CW

Timaru

Brand New Bella Vista

$725,000

LH512

Christchurch

Riccarton Road - Beautifully constructed

$695,000

LH804

Christchurch

Fantastic Returns!

$800,000

LH707

Timaru

Stunning Luxury Lease Option

$825,000

LH514

Hanmer Springs

International tourist destination!

$849,000

LH509

Christchurch

Trendz on Riccarton

$850,000

LH708

Christchurch

Location, Quality & Performance

$950,000

LH709

Christchurch

Fabulous Backpackers Business

Inviting Offers

LH418

Christchurch

Great Location, Quality, Performance!

$1,045,000

LH515

Lake Tekapo

Superior Resort - Stunning lake & mountain views

$1,200,000

LH805

Akaroa

Rare opportunity

$1,295,000

LH710

 

Timaru - Established Entry Level Motel & Backpackers

Ref LH535    

 

Thriving Niche Budget Motel for Sale in Timaru

  • Prominent location on State Highway 1 - handy to CBD
  • 11 tidy, spacious motel units.
  • 2 backpackers facilities sleeping 20 people.
  • Great cashflow from regular long term clients.
  • Currently under management with further potential growth.
  • Separate owners residence and reception.
  • New long lease offered on favourable terms.
  • Enquire now - Motivated Vendor.

Leasehold Asking Price = $295,000

 

 

Timaru - Location, Presnetation Potential Plus!

Ref LH534    

 

Rare Ground Floor Lease or Freehold Going Concern Opportunity.

  • High profile motel complex in prime Highway 1 location.
  • Handy to Caroline Bay, Timaru CBD and numerous facilities.
  • 12 Spacious self contained units.
  • Extensively refurbished studio, 2 & 3 bedroom options.
  • Large site with substantial undercover parking.
  • Excellent client mix of tourists, corporates, families and groups.
  • Comfortable 3 bedroom owners residence/reception.
  • Sound growing turnover with huge potential.
  • Enquire now. Purchase options that meet the market.

Also available as a Freehold Going Concern 

 

Leasehold Asking Price = $300,000

 

 

Hanmer Springs - Luxury European Alpine Lodge For Sale

Ref LH420    

 

Nestled in a secluded and private location within five minutes of Hanmer Springs Thermal Pools and township this lodge will appeal to the discerning investor seeking to provide the style of hospitality offered among the best resorts in Europe. The architecture and setting provides tourist accommodation that is both of the highest quality yet informally relaxed. Guests can choose to remain in the privacy of their rooms or interact with the hosts in the guest lounges or around the outdoor pool. This Lodge does not cater to large groups therefore the service is genuinely personal and inclusive. There are several development options for new owners.

Also available as a Freehold Going Concern 

 

Leasehold Asking Price = $By Negotiation

 

 

Christchurch - One of the Best!

Ref LH533    

 

 

      Large Complex, Huge Profit

  • Prime airport location, handy to numerous facilities.
  • Spacious quiet 6,433 sq metre garden setting.
  • 25 Estyablished well maintained units.
  • Single storey studio, 1 & 2 bedroom self contained options.
  • Showing excellent consistent occupancy and turnover.
  • 4 bedroom owners residence with private outdoors.
  • Owner/manager/ 2 couples operating options.
  • A 'Hard to Match' genuine opportunity.

 

Leasehold Asking Price = $POA 

   

 

Rangiora - An excellent First Motel Option

Ref LH532    

 

Prosperous town close to Christchurch.

High profile, well presented complex in Rangiora.

On scenic route 72, Handy to cafes & restaurants. 13 Spacious studio, 1 & 2 bedroom self contained units.

Good occupancy and turnover with further potential.

Comfortable 2 bedroom owners apartment.

A long favourable lease completes this attractive package.

 

Leasehold Asking Price = $385,000 + GST if any

 

 

Christchurch – Fabulous Backpackers Business

Ref LH418   

 

Huge Cash flow. Opportunity to expand.

We are favoured with instructions to sell a long established inner city leasehold backpackers business with four star plus rating and excellent accommodation options. This business will appeal to serious backpacker operators seeking to secure a significant stake in this growth market segment. Very favourable lease and rental terms and the prospect of top returns will justify the purchase price. Highly motivated vendor has other business to attend to overseas and reluctantly sells after many years in the business.

Leasehold Asking Price = Inviting Offers over $400,000 

 

Christchurch - Boutique Luxury - Under Contract

Ref LH801    

 

This four year old complex is situated in arguably the location on Riccarton Road. Right opposite Westfield Mall guests have only to cross the road to enjoy the city’s premium retail shopping complex and the variety of nearby cafes and cinemas. This motel is fitted out to the highest quality including LCD televisions, granite benches, reverse cycle heat pumps and spas. The owners apartment has three bedrooms and the business has a long lease in place.

 Leasehold Asking Price = $325,000 + GST if any

  

 

Christchurch - Bealey Ave Prime Location

Ref LH504    

 

Bealey Avenue is a prime location and the motel is situated in a pleasant setting, within walking distance of city centre & amenities. There are10 modern well presented Qualmark graded 3 star plus self-contained units that have been extensively refurbished and equipped to a high standard. Guests are offered the   choice of 7 x one bedroom or 3 x two bedroom apartments including spa-bath options. The motel is a member of the popular nationwide Golden Chain referral group and this ensures a strong business stream and consistent standards. There is a long lease with a realistic rental and growing turnover.

Leasehold Asking Price = $349,000 + GST if any

  

 

Christchurch - Riccarton Rd

Ref LH804    

 

This is a beautifully constructed motel complex built by one of the city’s best motel developers. Occupying a prime location handy to the CBD, Hagley Park and Westfield Mall, the complex predictably has a strong trading performance and is of great appeal to the corporate traveller. It offers well maintained and fitted apartment style units including studio, one and two bedroom options. Owners live very well in a spacious three bedroom apartment with private sun drenched patio.

 Leasehold Asking Price = $695,000 + GST if any

  

 

Greymouth - Well Established

Ref LH503    

 

The vendors have thoroughly enjoyed their time in this well established motel which is conveniently located on the main road coming into the township. There are nine self-contained units – all well maintained and refurbished to offer good accommodation. The units are spacious and offer studios and larger units that appeal to family and sporting groups visiting the Coast. There are spacious grounds and car parking facilities together with space for the children to run around and play. The lease has 25 years to run and the rent is very reasonable. Accordingly the owners are not run off their feet making a good return on their input and having time to pursue the many lifestyle interests they have

.   Leasehold Asking Price = $299,000 + GST if any

  

 

Christchurch - Great Location - SOLD

Ref LH507    

 

Owing to unforeseen circumstances with reluctance the owners of this business now offer the leasehold for sale. Situated on Riccarton Road the complex is in fact the closest motel on this busy road to the CBD, Hagley Park, the Museum and Arts Centre and within easy distance of all of these attractions.Spacious well maintained and presented complex ready for a new owner/operator. The motels are modern and offer 14 quality modern studio, one & two bedroom units. The owners’ apartment has three bedrooms and has a light sunny aspect atop the complex with privacy and outlook that will appeal. The business performs well and with the location should have potential for strong trading performance in future. Owing to the circumstances the vendor is motivated to sell so the opportunity exists to make a head start

 Leasehold Asking Price = SOLD

  

 

Christchurch - Good Basics! - SOLD

Ref LH703    

 

This motel is situated on a main arterial leading into the CBD, close to Bealey Avenue. Therefore it offers easy access

for guests not only to the commercial and retail areas but also to Hagley Park and adjacent attractions. The units are rated 4 star by Qualmark and offer 16 units with studios, one and two bedroom apartments. All are fully self-contained and some have the added comfort of air-conditioning and spas. The owners’ accommodation is spacious with three bedrooms, interconnecting office and secure garaging. There are 32 years to run on the lease and the business shows strong consistent turnover, good profit and occupancy.  

  

 

Christchurch - A Genuine Quality Option

Ref LH803    

 

Situated on a main arterial road into the City, but close to railway station, Westpac Event Centre & Addington Raceway, this motel business enjoys a strong corporate, tourist and domestic client base. There are 17 spacious quality self-contained units including studio, 1 and 2 bedroom apartments including spa bath suites. The property is Qualmark 4 star graded and a member of the successful Host Accommodation motel group. There is an excellent and spacious private 3 bedroom owners residence. With reasonable rent and approximately 31 years to run on lease we recommend early inquiry.

 Leasehold Asking Price = $675,000 + GST if any

  

 

Timaru - Brand New Bella Vista to be built

Ref LH512    

 


Bella Vista always secure excellent sites and this one on State Hwy 1 at Evans Street is no exception. As a member of the high profile Bella Vista referral group moteliers enjoy tremendous marketing support and referrals that accrue from this successful
  nationwide chain.

 The location is handy to town, restaurants, cafes, etc., and the complex will offer 18 units and owners residence - a formula that has been tried and true for Bella Vista. We recommend you inquire about securing this opportunity and the new long lease to be available. This is an excellent chance to build your own future with the support of a successful group. Projected opening is late 2008.

Leasehold Asking Price = $725,000 + GST if any

  

 

Twizel - South Canterbury - A Lot of Lifestyle - SOLD

Ref LH240CW    

 

We are favoured with instructions to sell this modern luxury (new 2002) 15 unit complex. There is a good mix of spacious well appointed studio, one and two bedroom units with such luxurious  features as spa baths, heat pumps, under floor
bathroom/kitchen heating and private patios. There is spacious three bedroom (all with ensuites) owners accommodation. The business has excellent occupancy with turnover and profit showing good growth. A long secure lease is in place - enquire now.

  

 

Hanmer Springs, North Canterbury  

Ref LH509    

 

International tourist destination!

In a truly international tourist destination showing fantastic growth this business opportunity commands a prime high profile Amuri Avenue location just a short walk to hot pools, cafes and shops. There are 14 sunny, north facing, near new, 4 star plus luxury suites catering for a range of holiday, business and  family guests. As one would expect in a new complex there is a good mix of executive spa, studios, 1 & 2 bedroom units all having quality fixtures, fittings and chattels throughout. There is a spacious 3 bedroom owners/manages apartment and the business offers excellent trading figures and a long secure lease. Full details to qualified purchasers and an early enquiry is recommended.

 Leasehold Asking Price = $849,000

  

 

West Coast - Ideal first motel lease option!

Ref LH204CW      

 

 

Situated in a prosperous town, this motel is a spacious mid-sized complex within easy walk to town centre. The motel is well maintained and presented, is currently trading strongly with realistic rent and a long lease on offer. Owners accommodation is excellent.

Leasehold Asking Price - $295,000 plus GST if any.

  

 

Westport - Tourism Focus

Ref LH502    

 

 This business offers a quality option. attractive complex -strong performer with genuine upside potential. The motel occupies a generous 3,036 m2 site with good street profile and a quiet location ideal family, group, tourist, couples or business clientele.

There are 12 ground floor self contained units with a versatile mix of 1, 2 and 3 bedroom options. Chattels, fixtures and fittings of a good standard throughout. The guests enjoy a private and secure setting including play and outdoor living areas.

There is a large and comfortable owners’ residence and the leasehold is secured with a long lease and favourable rent. There are few genuine profitable opportunities at this price.

 Leasehold Asking Price $295,000 plus GST if any.

 

 

Christchurch - Ideal Starter Complex

Ref LH505    

 

This motel is well located on a major arterial road into the CBD, close to the railway station, Addington Raceway, Westpac Stadium and Westfield Mall. There are 9 well-configured studio, 1 & 2 bedroom units, each well maintained with five units recently refurbished. Owners enjoy a sunny 3-4 bedroom, upstairs residence and a great mix of commercial, domestic and overseas clients underpins the business. The motel is a member of popular progressive "Host" accommodation group.

 Leasehold Asking Price $330,000 plus GST if any.

 

 

Christchurch Avalon Motel - Prime entry level option into Christchurch.

Ref LH501     

 

We have motivated vendors offering this ten unit motel within easy walk of City centre, Casino, Museum and Hospitals. Units are tidy, well maintained and presented and fully self-contained including fully equipped kitchens. The complex consists of 6 x studio and 4 x 2 bedroom units that are ideal for families. There is an excellent 3-4 bedroom owners residence and the lease is long term and secure with a realistic rent. The business shows consistently good trading performance. Motivated vendors are asking a very realistic price!

Leasehold Asking price - $195,000 plus GST if any.

  

 

Bealey Hotel - Near Arthurs Pass - SOLD

Ref LH247CW     

 

A Top Performing tourist accommodation business in an unparalleled location in the Heart of Moa Country!


Amazing Buying. Showing Over 40% Annual Return on Purchase Price!

 

Unfortunately our motivated vendors are homesick and are keen to return to England! The Bealey is a popular stop-over in the midst of the outdoors near Arthurs Pass National Park.

 

With magnificent panoramic views of the Waimakariri River and snow capped Southern Alps guests are attracted to the accommodation and restaurant facilities. There is a modern 2 storey, well appointed main hotel complex with a 50 seat restaurant, bar, small conference room and 2 bedroom owners’ apartment. There are nine well maintained and appointed self contained motel units and a nine room facility with budget/backpackers accommodation. The business has impressive turnover and profits provide an outstanding return. There is further potential to expand existing income streams. 

  

 

Geraldine - South Canterbury – SOLD

Ref LH401      

 

Geraldine is a pleasant prosperous rural town on scenic tourist route surrounded with a lot of natural attractions. The motel complex is a short two minute walk to the town centre, and offers 13 comfortable spacious self contained units with wonderful private grounds by the river. Seven units are near new and the overall mix includes studio, one and two bedroom options, ideal for families, groups, tourists or business. The peaceful garden setting includes barbeque, spa pool and sauna, and there is an excellent modern owners’ residence and reception.

 

A new 35 year lease is on offer with realistic rent. The vendors are motivated and realistic.

 

 

Christchurch - Top Location - Top Performer - SOLD

Ref LH802     

 

Situated on a main arterial road, this property is handy to excellent amenities a short walk to large shopping complex and consequently attracts a great mix of corporate, international and domestic clientele. The motel is four years old with 10 luxury units and spacious owners residence. Units have quality fixtures, fittings and chattels throughout and the business has impressive turnover growth with further good potential. On offer is a long secure lease with realistic rent.

Leasehold Asking Price - SOLD

  

 

Hokitika, WestCoast - Compare....
Position, Presentation, Performance, Price -
SOLD

Ref LH506      

 

This property is rated 4 star Qualmark and is situated on the main highway close to town centre within walking distance of shops, restaurants & the beach. There are 18 spacious ground floor units in attractive expansive garden setting presented and chatteled to a high standard. There is an attractive, spacious 3 bedroom owners residence with private outdoor living.  With more than 26 years remaining on the lease and favourable rent, the business is trading strongly. Further potential abounds.

Leasehold Asking Price - SOLD

  

 

Westcoast - Westport

Ref LH508    

 

 

This business enjoys a prime high profile corner site on main street with close proximity to shopping centre, cafes and hotel. There are 18 modern 4 star Qualmark graded units. There is a choice of studio, 1 bedroom and spa suites and the motel ejoys the benefits of membership of a progressive nationwide group. In keeping with the quality the business attracts an excellent mix of corporate, domestic and international clientele and the lessee enjoys superior 3 bedroom motel owners accommodation. The business shows impressive occupancy and turnover performance. At the price this compares very favourably on the current motel lease market.

 Asking Price leasehold business $620,000 plus GST if any.

 

 

Christchurch - Favoured Bealey Ave Location

Ref LH716     

 

 

Just off Victoria Street this motel occupies arguably one of the best Bealey Avenue locations. It is within walking distance of Hagley Park, the Casino, the Town Hall and Convention Centre.

 

The motel offers 14 modern spacious fully self-contained superior units, including a good mix of 4 x studio, 8 x 1 bedroom & 2 x 2 bedroom units. Each is furnished and equipped to a high standard that has been maintained over the years.

 

There is a very good private 2 bedroom owners’ residence and the business shows strong occupancy and turnover with growth potential!  A valuer’s assessment is available to prospective qualified purchasers. Vendors are motivated to meet the market.

 

Leasehold Asking Price - Submit Offers! -  plus GST if any.

  

 

Timaru - Prosperous Provincial City - SOLD

Ref LH252CW     

 

Here is an appealing complex, a sound business and a good location on the State Highway within Timaru. The motel is handy to the CBD, the hospital and all amenities and it is situated within a pleasant garden setting. There fifteen ground floor units – all extensively refurbished within the past couple of years. Five have spa baths. Accordingly the complex is Qualmark rated to 4 star and attracts a good mix of business and tourist clientele. A long lease is in place.

  

 

Greymouth - High Street location - 4 star plus

Ref LH510      

 

This modern 12 unit motel with every luxury is now available. Offering every guest comfort including SKY internet access spas and barbecues, the motel attracts an excellent client mix seeking the best. All units are ground floor and the mix is excellent -  studios, one and two bedroom units for every need. The business offers the best and accordingly is well positioned to maintain good rates and returns for the owners. The West Coast and Greymouth in particular remain a great attraction for tourism and business visitors.

 Leasehold Asking Price - $650,000 plus GST if any.

  

 

Fox Glacier - West Coast

Ref LH511      

 

 

Situated in a truly special location with spectacular rainforest and mountain views,
this is a well presented complex and top performing business with lifestyle to match! As the first motel off main road on State Highway 6, the property is well situated to capture the passing traffic. As you would expect in such an area, there are spacious grounds, only 2 minutes walk from village and the complex offers 12 ground floor fully self contained units. There is a good mix of 6 x studio; 2 x 1 bedroom and 4 x 2 bedroom units – all well appointed throughout with quality chattels, fixtures and fittings. A bonus ifs the separate and very private 3-4 bedroom owners home and reception office. Despite the seasonality, the business shows consistent occupancy with growing turnover and profit. The business has made the most of internet advertising and general promotion.

 

 Asking Price - $695,000 plus GST if any. Leasehold Business

  

 

Christchurch - Fantastic Returns

Ref LH707     

 

  If you seek a serious business you should seriously investigate this business! Just 4 minutes to the airport on the busy north/south bypass, the motel operates round the clock primarily serving the airport traveller needing accommodation close to the terminals. The 9 year old complex occupies an attractive sunny north facing site and has good street corner profile. There are 19 units including separate 2 bedroom townhouse for guests - all well maintained and presented throughout including quality chattels. There is a separate, spacious and private 2 bedroom owners’ residence and reception and the business has excellent occupancy, turnover and profit.

 

Asking Price – leasehold -  $800,000 plus GST if any

  

 

Timaru - Stunning Luxury Lease Option

Ref LH514     

 

Occupying a prime location on State Highway 1 with views over Caroline Bay, this complex is well situated close to the CBD, restaurants and shopping. There are 12 superior self-contained motel apartments offering guests an excellent mix including spa bath suites. There is separate accommodation for the owners in a 2/3 bedroom apartment. Of course the complex has been built to a high standard and been well maintained throughout with quality fittings and chattels. Consequently it enjoys strong commercial patronage which underpins an excellent domestic and international client mix. The business has impressive turnover and occupancy and there is over 30 years on the lease

Motel complex lease only $825,000

  

 

Christchurch - Location, Quality & Performance

Ref LH709     

 

There is a top of the market opportunity in arguably the  best motel location in Christchurch. With a short walk to the Casino, Town Hall, Convention Centre, CBD restaurants & shops this complex offers 12 superior luxury studio, one & two bedroom suites. There is an executive 3 bedroom  owners residence with two ensuites and quality living. Units have been built and chatteled to a very high standard and as a consequence the business has impressive performance.

Leasehold Asking Price - $950,000 plus GST if any.

Also available as a Freehold Going Concern. Click here for details.

  

 

Christchurch - 168 Trendz on Riccarton" - New Motel on Motel Mile

Ref LH708     

 

This is a ground floor opportunity to secure the most contemporary motel business on the Mile and build a very good business. 168 Trendz is a high profile contemporary design offering 17 Superior brand new units fitted and presented to the very highest standards. The mix includes 5 spacious 2 bedroom units complementing 12 studio suites. Location is brilliant opposite Westfield Mall and on the main arterial routes to the CBD. The managers/owners residence offers 2/3 bedrooms. Extensive advertising and business website is in place in readiness for opening late October 2007. A 35 year lease with concessional start-up rent is on offer.

Leasehold Asking Price - $850,000 plus GST if any.

  

 

Christchurch - Great Location, Quality, Performance

Ref LH515      

 

A genuinely good leasehold business option in arguably the city's best motel location. Situated on Bealey Avenue, the property is within walking distance of Hagley Park, the CBD, the Casino, the Town Hall and Convention Centre. Even less distance to the chic shopping on Victoria Street. The motel complex offers a spacious modern well maintained 21 unit, 4 star complex with fully self-contained units. There are 4 x studio, 10 x 1 bedroom, 6 x 2 bedroom and 1 x 4 bedroom apartment with excellent facilities including spa baths, spa pool and swimming pool. The owners’ accommodation is impressive with four bedrooms, en-suite, 2 living, 2 kitchens and secure double garage.

Befitting the location and accommodation standards, the business has substantial turnover and profit with approximately 27 years to run on secure lease.

Leasehold Asking Price - $1,045,000 plus GST if any.

  

 

Lake Tekapo - Superior Resort - Stunning Lake & Alpine Views

Ref LH805     

 

A  unique property in a unique location offering accommodation options to suit all requirements! There are one large luxury apartment, six family units with full kitchens, 12 lake view studio units with tea/coffee making facilities and 5 spa bath suites. These are all Qualmark graded 4 star plus luxury. PLUS the property offers superior budget accommodation including 4 rooms and 2 communal bunk rooms with excellent communal facilities. A comfortable modern owners/managers residence complements the business.

Leasehold Asking Price - $1,200,000 plus GST if any.

 

 

Akaroa - Banks Peninsula. C'est la Vive!

Ref LH710      

 

A rare opportunity to acquire a larger complex in this idyllic French orientated tourist town. It is the only motel situated on the waterfront and consequently has a unique and spectacular setting with great views. There are 24 well maintained studio, 1, 2 & 3 bedroom units giving the business the opportunity to capture the regular large group business that comes to town. There is a large separate stand-alone owners residence. The business is part of the national referral group Host Accommodation and has a long established lease with reasonable rent.

Asking Price leasehold business $1,295,000 plus GST if any.

 

     
 
 

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Ph: 0800 440 500

Mobile: 0274 355 962

Christchurch, New Zealand

email: geoff@tourismpropertynz.co.nz