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Freehold Motel and Residential Accommodation Business For Sale
Christchurch, New Zealand
Unique investment opportunity Academy Motor Lodge was established in 1971 on Creyke Road within the exclusive suburb of Fendalton. Academy Motor Lodge is the only Motel directly opposite the University of Canterbury and the closest Motel to the College of Education and the Ngaio Marsh Theatre. The two educational institutes generate approximately 90% of the Motel's business. The present owners have operated Academy Motor Lodge for 35 years. They have now put their freehold Motel business onto the market so that they might retire. Over the years, the Motel owners have purchased 9 residential properties that surround the Motor Lodge, as additional accommodation options. These purchases were made to satisfy the huge demand from the University of Canterbury for staff accommodation and for visiting international lecturers. Academy Motor Lodge and the 9 properties are being offered for sale as one of three options: - Option 1:
Purchase the freehold title to Academy Motor Lodge - land (0.3808 hectares) and buildings - and the going concern Motel business. The Motel business is being sold on a "as is, where is" basis and there will be no financial books. Option 2:
Purchase the freehold title to all nine residential properties that surround Academy Motor Lodge. Option 3:
Purchase the freehold title to Academy Motor Lodge and all of the additional nine properties. The area of the total package is 1.312 hectares plus Rights of Way. Academy Motor Lodge and Licensed Restaurant The Motel comprises 23 luxury self-contained units in two main accommodation buildings: - Studio, One and Two Bedroom Units sleeping 1-6 people
- (Additional accommodation as 1, 2 and 3-bedroom Townhouses is available within the surrounding properties that are owned by the business)
Kitchen facilities in Units include stove with oven, bench-top hot plates, microwave oven, refrigerator, toaster, crockery and cutlery, table and chairs. 
Fully self-contained luxury units
Bedrooms have a mix of single, queen or super king sized beds, all with electric blankets. Units have ensuite bathrooms with toilet, showers, vanity, and electric towels. Some Units have baths. Chattels being sold include phone, Sky TV with 3 channels, in-house video, wireless high-speed broadband Internet, clock radio, cot / high chair, lounge chairs, electric heater, hair dryer, iron and ironing board. Guest Services: - Guest laundry (free)
- Room service
- Drycleaning can be arranged
- Rental cars can be arranged
- Courtesy bus to the casino
Freehold property in the heart of exclusive Fendalton Academy Motor Lodge is built on two titles (2731 square metres) at 62 Creyke Road in Fendalton, Christchurch's top suburb. The Motel buildings are constructed of low-maintenance concrete block walls on concrete floors with stained timber cladding on the upper level, and tiled roofs. Interior walls are painted and floor coverings are a mix of carpet with vinyl in wet areas. There is a separate staff toilet, ample storage space, and off-street parking for guest's cars. Motel Office and Reception:
The main office has computer, printer, software, phone, fax, and Eftpos terminal. Licensed Restaurant:
The Restaurant seats up to 40 diners and is open 7 days for breakfast and diner and a lunch service on Wednesday, Thursday, and Friday. All fittings, fixtures and chattels in the restaurant are in good working order and are included in the business sale. Additional Accommodation:
There are four additional rooms with ensuite facilities on the second floor of the restaurant building. Each room sleeps 1-2 people. They are ideal as extra rooms for overflow guests, especially from the University. Motel Laundry:
Fully equipped on-site laundry for all linen and towels. Manager's Residence:
The residence at the far end of Lot 64 (see the aerial image below) is unlike any other with an extremely large open plan lounge-dining area. It includes a bar with a wonderful outlook to the salt-water pool and courtyard. There are three downstairs bedrooms, one of which has an ensuite. There is also a separate bathroom downstairs. Upstairs boasts another three fully self-contained bedrooms with ensuites, two of which have beautiful views over the established gardens. 
Bed and Breakfast accommodation
Day to day management at Academy Motor Lodge Business Hours:
Monday to Sunday - 24 hours. Staff:
Academy Motor Lodge is operated by a Manager with assistance from 15 part time staff. Advertising and Promotion:
Academy Motor Lodge advertises through roadside signage, a listing in Telecom Yellow Pages and advertisements in local newspapers, in Trade Magazines, and in Travel Guides. The business has a strong Internet presence through the business Web site http://www.academymotorlodge.co.nz/ and secure inquiry form. Best of all, the location opposite the University brings up to 90% of all clientele. Adjoining freehold properties There are 9 freehold properties that surround the Motel. All are for sale as one package, with or without Academy Motor Lodge. An aerial photograph of the complex shows the University of Canterbury on the far side of Creyke Road (bottom of image), Academy Motor Lodge (shown as Lots 62 and 64) and the nine properties. Each property is labelled by Lot Number to indicate its position with in the complex. More detailed information is available from the vendors. 
Aerial view of Motel and properties
Property 60A (as marked on the aerial image)
A luxury six bedroom, six bathroom "Bed and Breakfast" accommodation accessed from Creyke Road up a right-of-way to the righthand side of the Motel. The home has been extensively refurbished to an extremely high standard. It has a river boundary, swimming pool, grass tennis court and beautiful English gardens. Most chattels included. Land area 0.3278 hectares. Properties 62 and 64 (as marked on the aerial image)
Academy Motor Lodge buildings with owner's accommodation at the far end. Property 66A (as marked on the aerial image)
This large section land of bare land (0.0986 hectares) is at the rear of the Managers’ residence. It offers a park-like setting. Properties 72 and 72A (as marked on the aerial image)
Both properties are townhouses with two bedrooms. Both are fully self contained and are currently rented short and long term. All chattels are included. Property 1/70A (as marked on the aerial image)
A two bedroom townhouses, fully self contained and currently rented short and long term. All chattels are included. Property 70A (as marked on the aerial image)
A three bedroom townhouses, fully self contained and currently rented short and long term. All chattels are included. Property 70B (as marked on the aerial image)
A large house that is currently rented Fully self contained, all chattels included. Property 68A (as marked on the aerial image)
One large house that is currently rented as two, one bedroom, fully self contained units as well as a three bedroom fully self contained unit. The house has been architecturally designed and is being sold with all chattels. Property 68B (as marked on the aerial image)
A four bedroom large home that can comfortably sleep eight people. Three bathrooms in total. Fully furnished, all chattels included. Beautiful setting in established grounds. This property has been rented for short and long terms as well as being used it as a conference facility for the motel. 
Motel (left) and the B&B (top)
Call Bev on 027 544 2071 or Carmen on 027 201 1267 during the day
or +64 3 351 6516 (evenings) Christchurch
Academy Motor lodge is located 5 km from Christchurch International Airport and 5 km from the city centre and railway station. A bus runs past the front gate to the city centre and Christchurch Public Hospital. The Motel is close to Mona Vale Entertainment, Riccarton House, University Staff Club, Westfield Riccarton, Westpac Centre, Riccarton and Addington Raceway and Jellie Park Aqualand and Gymnasium. With a population of around 340,000 people, Christchurch is the largest city in the South Island and the gateway for visitors to the South Island. Christchurch has a vibrant cosmopolitan centre, neo-Gothic stone public buildings, beautiful parks and gardens and leafy suburbs with Victorian and Edwardian colonial wooden villas. Christchurch is serviced by New Zealand's second largest International Airport and is the gateway to the world-renowned scenery of the South Island. The city is a popular stopping place for tourists entering and leaving New Zealand. Christchurch is the ideal starting point for a South Island holiday with famous golf courses and just two hours to world-class alpine resorts, bungy jumping, white water rafting, mountain biking, wind surfing, whale watching and world-class wineries To find out more about Christchurch, click on: http://www.christchurchnz.net/
http://www.ccc.govt.nz/
http://www.christchurch.org.nz/
http://www.canterbury.ac.nz/
http://www.lincoln.ac.nz/
http://www.artscentre.org.nz/
http://www.whatsonchristchurch.co.nz/
http://www.iceberg.co.nz/
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