43 Papanui Road, Merivale
TweetAvailable PropertyFiles:
- 43 Papanui Road Form 12 WOF_2020_5076.pdf
- /AIG Insurance Policy/
- Sunsh Ltd TA Colonial Inn Motel_Policy Schedule_MDBI Accommodation Scheme_2025.pdf
- /Deeds of Lease/
- Deed of Lease.pdf
- Deed of Variation to the lease in place.pdf
- /Floor Plans/
- 1st floor.jpeg
- ground floor.jpeg
- /Information Memorandum/
- Bayleys Commercial Information Memorandum - 43 Papanui Road.pdf
- /Insurance Invoice 1/
- Sunsh Ltd TA Colonial Inn Motel_Tax Invoice_SL_2025.pdf
- /Insurance Invoice/
- Sunsh Ltd TA Colonial Inn Motel_Tax Invoice_MD_2025.pdf
- /Insurance Policy wording/
- Sunsh Ltd TA Colonial Inn Motel_Policy Wording_MDBI Accommodation Scheme_2025.pdf
- /Land Information Memorandum (LIM)/
- LIM - Report.pdf
- /Motel Documents/
- Sunsh Ltd TA Colonial Inn Motel_Policy Schedule_Statutory Liability_2025.pdf
- /NBS Letter/
- 131087 %NBS Letter Colonial Motel 20 November 2014.pdf
- /Policy renewal statement/
- Sunsh Ltd TA Colonial Inn Motel_SOA_07.03.2025.pdf
- /Title/
- Title.pdf
Property Description
Become a landlord - safe investment• Bottom-drawer investment
• Long-established tenancy
• Prime location in the heart of Merivale - one of Christchurch's most prestigious areas which is convenient to the Casino, One NZ Stadium and the CBD
• 4-bedroom accommodation for manager with open-plan living and kitchen
Prime, long-term cashflow in a nationally recognised tourism location just a stone's throw from Christchurch's Central city, 43 Papanui Road offers investors a rare chance to secure a quality, leased motel asset in a proven accommodation precinct.
The property comprises 22 well-maintained, diverse units, providing operational flexibility and broad appeal to short-stay and longer-stay guests. NBS is 100%, which makes this a favourable and sound investment.
Underpinned by a substantial 35-year lease term and substantial rental, this investment delivers secure, predictable income with minimal day-to-day involvement. The strategic location benefits from excellent connectivity to the CBD, healthcare, hospitality and retail amenity, and key transport routes servicing domestic and international visitors.
Seldom do motel investments of this calibre and tenure come to market in such a central position. 43 Papanui Road represents an attractive, scalable addition to any property portfolio seeking dependable income and long-term tenant commitment.
35-year lease in place returning $240,000pa + operating expenses and GST. Full information is available upon request.
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Terms of Supply
By accepting “the information” contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information has been made available. This information has been prepared by Whalan and Partners Limited, trading as Bayleys (“Bayleys”) as agent for “the Vendor”. The information contains information that is publicly available, and/or sourced from third parties (and/or the vendor) and capable of independent verification. It has been prepared solely to assist interested parties in deciding whether to further their interest in the Property and Whalan and Partners Limited is acting as a conduit and merely passing this information over. Prospective purchasers must not confine themselves to the contents of the Information but should, in conjunction with their professional advisors, make their own evaluation of the Property and conduct their own investigation, analysis, and verification of the data contained in the Information and otherwise concerning the Property. Such evaluation should extend to and include whether there has been a change in the affairs or prospects of the Property since the date of the Information or since the date as at which any information contained in the Information is expressed to be applicable. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgment and contrary to the recommendation of the agent. Bayleys and the Vendor have not verified any of the detail contained in the Information and Bayleys and the Vendor make no representation or warranty as to the accuracy or completeness of the information and neither Bayleys nor the Vendor accept and/or shall have any liability whatsoever for the accuracy of any part of the information including any liability for any statements, opinions, information or matters (expressed or implied) arising out of, contained in or derived from the Information, or any omissions from, or failure to correct any information, or any other written or oral communications transmitted to any recipient of the Information in relation to the Property. By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from at any time. Whalan and Partners Ltd, Bayleys. Licensed under the REA Act 2008.Contact Michael Girgis
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
03 375 4700 021 262 9629 Michael.Girgis@bayleyscanterbury.co.nz All Listings
Michael has worked as a Sales Director and Business Development Manager for national and multinational companies, as well as in graphic design and marketing. His diversified background gives him an advantage in forging meaningful and long-term customer connections.
Michael started his career in real estate in 2020 with the team at MB Cook Commercial and Industrial Real Estate, MB Cook was purchased by Bayleys Canterbury in April 2022. Michael is excited to be working under the Bayleys brand and be part of the team
With his knowledge in sales and marketing commitment and integrity is the core of his professional work ethic. Utilising the proven systems and strategies established at Bayleys, and surrounded by a wealth of industry expertise, Michael will produce premium market results for your property.
Outside of real estate, Michael likes to play football, spend time with his family and kayak.
To discuss the market or your property more specifically, he welcomes your call.