- For Sale
For SaleAuction 1st Jan 1970
Colliers International, as sole marketing agent is pleased to present the Sea Breeze Motel and potential development site to the market, located on The Bay Hill and boasting the best views in Timaru.
This well known property, 28 The Bay Hill situated off the main road into Timaru township offers a great opportunity to the market.
This is an estate realisation and the time has come to sell and let the astute buyer reap the benefits of this attractive offering.
The future opportunity lies in redevelopment of the land to maximise the 20m build height or add value to the existing property to fully maximise its potential.
The scarcity of such prime land in Timaru makes this property very desirable.
The opportunity comprises of the main motel building being the Sea Breeze Motel. This motel consists of 12 units, a manager’s residence and offers onsite car parking. The property will be sold as going concern.
The property is being sold by Auction (unless sold prior): 12pm, Tuesday 10 December 2019. Auction venue is 27 The Terrace, Timaru, 7910.
Wednesday 20 November 12:30pm - 1:15pm
Saturday 23 November 11:30am - 12:15pm
Wednesday 27 November 12:30pm - 1:15pm
Saturday 30 November 11:30am - 12:15pm
Wednesday 4 December 12:30pm - 1:15pm
Saturday 7 December 11:30am - 12:15pm
Ref #: 215945