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Listing Description

Listed: Thu, 3 Aug

Prominent Central Otago Motel

1 Bute Street, Ranfurly, Central Otago, Otago

Price by negotiation

Details

  •   796m² Floor
  •   2129m² Land
AttributeValue
Property use
Hotel/Leisure
Capital value (CV)
$1,640,000
Agency reference
RYC10842

Description

This exceptional offering would appeal to both experienced motel operators and also entry-level motel buyers. Immaculately presented and highly visible site in the heart of Central Otago. This is well set out, with 13 units, spa pool area, guest lounge, secure bike storage and a well appointed two bedroom spacious owners accommodation. Ample parking on the sealed yard and only a short stroll to the local facilities in downtown Ranfurly. Sound financial results, with very strong repeat business from loyal customer base. Clientele is wide and varied, with corporate choosing Hawkdun Motel as destination of choice. The continuing growth in Rail Trail cyclists ensures very high occupancy rates. Very few well appointed, modern motel complexes available in this part of Central Otago. To avoid missing out on this opportunity please contact the exclusive sale agent to arrange a private viewing.


Map




Geoff Beckley


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Agent's details

Geoff Beckley

Enquire about the property

Property Brokers Ranfurly, (Licensed: REAA 2008)

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