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8 Reade Street, Ranfurly

Asking price $1,425,000 + GST (if any)

Listing Description

Listed: Fri, 10 May

Ranfurly Holiday Park, Motels & Cabins

8 Reade Street, Ranfurly, Central Otago, Otago

Asking price $1,425,000 + GST (if any)

Details

  •   1-200m² Floor
  •   20000m² Land
AttributeValue
Property use
Tourism
Property ID#
IQY734
Agency reference
67669

Description

An opportunity to own your home, land, buildings and a business in a stunning Central Otago location.

The strategic and profitable Ranfurly Holiday Park, Motel and Cabins are situated on the Central Otago Rail Trail Cycleway and is a Freehold Going Concern which includes the Land, Buildings and Business.

The property is approximately two hectares situated 100 metres from the township of Ranfurly and attracts guests from the Rail Trail Cycle Operators, holiday makers, anglers, contractors and business clients. Situated on the southwest corner of the intersection of Pery & Reade Streets on the southeastern outskirts of Ranfurly, this location is also adjacent to Council land on the western boundary and the southern boundaries.

The current owners have substantially upgraded the complex and it is now ready for the new owners to just step into a profitable turn-key business.

Accommodation currently provides by a mixture of motel units, cabins, powered sites and tent sites. The accommodation available includes accessible one-bedroom motel units, queen studio motel units, cabins, powered and unpowered campsites.Powered and un-powered sites are well sheltered, with level ground and heaps of room to spread out. Use of amenities building which contains bathroom, kitchen and laundry facilities, Freeview TV.

Many improvements have been made to the complex. The owner’s accommodation has been also significantly renovated in the last couple of years and features 3 bedrooms and the adjacent motel office and reception to the complex.

This is a rare opportunity to purchase a great business including a great owner’s three-bedroom home for less than the cost of the average price of two homes in New Zealand.


Map




Adrian Chisholm


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Agent's details

Adrian Chisholm

Enquire about the property

Tourism Properties, (Licensed: REAA 2008)

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