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Description

With the ravages of Covid now behind us, accommodation businesses in the Glacier Regions are once again enjoying tremendous cash flow and profitability.

This 21 unit property is located right in the centre of Franz Josef. The investment is secured by way of a long-term a registered lease at a very healthy rental which is once again in line with revenue and profitability for the operator.

This is an opportunity to invest and receive a passive rental income with all outgoings met by the operator. The owner of the freehold invested considerably in refurbishment and upgrading prior to leasing to the current operator in 2019.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land and Buildings of this Motel for sale in Franz Josef via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

Details

Location:
Westland, West Coast
District:
Westland
Region:
West Coast
Agency reference:
WC590
Price:
Asking price: $3,500,000

Motel Investment in the Heart of the Village

Listed: Wed 17th Jan, 12:30pm
37 days, 9 hours, 3 minutes

10 others watchlisted

Asking price: $3,500,000

C
coffeys_tourism Seller located in Christchurch City, Canterbury
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About the seller

coffeys_tourism

Location
Christchurch City
Member since
Monday, 19 March 2007
View seller's other listings

Motel Investment in the Heart of the Village

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