132 Middle Renwick Road, Springlands, Marlborough

Potential abounds, freehold & leasehold available

Centrally positioned on one of the thoroughfares of Blenheim and right across from the Springlands shopping centre, with supermarket, chemist, café, restaurant and even a medical centre in front, this property presents an incredible opportunity to secure prime land with potential to redevelop in the future.
With accommodation business being marketed for sale at the same time, there is a chance to acquire both the business, and land and buildings, taking full control of future potential for this strategic location.
1,906sqm land fronts one of the main arterial roads of Blenheim and is only a short drive away from Blenheim's CBD, Marlborough Airport, recreational amenities and a plentitude of world-renowned cellar doors the region is famous for.
The existing buildings comprise a ten-unit motel with a manager's flat, a swimming pool and two ancillary buildings used as a client laundrette and storage facilities. A fully sealed inner yard meets on-site parking requirements for guests and staff. Fenced off service area and garden shed are concealed at the back.
Three one-bedroom and seven studio units are ground floor, generous in size and have the distinction of being self-catering. All units have access to a back yard.
Manager's accommodation is a three-bedroom flat, with separate kitchen, open plan lounge/dining, a private garden and direct access to the reception.
Our vendors are retiring and inviting all offers on a deadline sale date.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement. For further information, please contact one of Bayleys exclusive agents today.