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Bartercard Property

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We had a fairly substantial amount of Bartercard Trade Dollars to spend and wanted to use most of them in the property market, after some consideration we decided to purchase a property that would provide income - not just long-term capital gain.

- Nikki Barrett
bartercard australia
 

Temuka - Freehold Hotel Investment


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RegionCanterbury
Property TypeCommercial
Asking Price $550,000
Trade Dollars $110,000
Cash Dollars $440,000
Price Notes20% Trade
Price includes chattels
Negotiable. Make me an offer!
VendorPeter Nash
027 612 3464
pgn49@xtra.co.nz
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Conditions
 
Urgent Sale Required. 16.67% Below Registered Valuation

Features:
  • Approximate floor Area: 690m2
  • Land size: 1,592m2
  • Previously tenanted for $63,000 per annum plus GST, rates and insurance
  • Selling with vacant possession
  • Urgent sale due to poor health
  • 75 King Street, Temuka
Perfectly situated on the main street of Temuka, with car park access to State Highway 1, the Royal Hotel has been extensively refurbished and is selling with vacant possession.

On the ground floor, the hotel includes a generous bar, restaurant/dining areas and fully equipped kitchen. Upstairs are 10 guest rooms, separate bathroom and shower facilities and a 3 room manager's residence.

With access from the rear of the property, the car park is substantial and offers potential for further development. Underpinned by its land value, this is an attractive investment opportunity in this growing lifestyle and agri-business region.
 
The vendor is keen to sell. Don't miss out. For more information please contact Peter Nash on 027 612 3464.

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Information
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Cameron Owen

09 414 6837