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Listing Description
Listed: Mon, 23 Feb
Tenanted investment in the heart of Arthurs Pass
109 West Coast Road Arthurs Pass National Park, Arthurs Pass, Selwyn, Canterbury
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property use | Hotel/Leisure |
| Property ID# | JQF221 |
| Agency reference | 5529732 |
Description
Secure a long-term, commercial investment in one of New Zealand’s most iconic alpine destinations. Located at 109 West Coast Road and known as ‘Oscars Haus’ this character-filled freehold property currently operates as a busy café and restaurant servicing the high visitor numbers to Arthurs Pass National Park.
This sale is for the freehold land and buildings only. The established hospitality business remains in place under a commercial lease, providing income from day one.
- Freehold 890sqm property in a high profile South Island tourist location
- Hospitality downstairs, accommodation upstairs, garage storage & car-parking
- Long-term lease security:
- New lease term commencing November 2023
- Three-year initial term with two further rights of renewal, each for six years
- Potential total lease length of 15 years
- Current rental: $65,000 + GST + outgoings per annum with fixed rent reviews in place
- Tenant rents the whole building and has a proven trading history in this location
- Excellent roadside exposure to domestic and international tourist traffic
- Character building originally developed by mountaineer and pioneering skier Oscar Coberger who built his original house and business on this very site
This is a property that combines some historic significance, appealing distinctive architecture, and long term income, with its roots in pioneering alpine legacy, the building offers not just an investment opportunity —but ownership of a piece of the village’s heritage.
Property Files
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