Listing #:1412495380

Licence to Print Money!

Location: Westland, West Coast
Ride the wave of the tourism boom with this excellent offering.

This is a large complex in a great spot, comprising of 21 motel and cottage units, small campervan park along with all facilities, as well as two additional houses available for letting, plus separate staff accommodation.

An attractive 3 bedroom owner's residence completes the package.

This business is showing an excellent return on investment based on March 2015, 2016 and 2017 accounts, with the current financial year looking to show even further gains.. The rise in revenue is consistent with industry trends, particularly in tourist destinations such as Franz Josef. This, combined with a new long registered lease must make this an opportunity to be investigated.

Tourism is booming in the glacier regions, big business is investing heavily in the area and government forecasts predict continued strong growth. With the very high cost of building in todays environment, we are unlikely to see substantial properties such as this offered at this price level in the foreseeable future.

To reap the full benefit of the current peak season, the time to act is now.

We would welcome your enquiry on the Business Lease at $1,175,000 of this Motel and Caravan Park for sale in Franz Josef via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

Agency reference #: 3428
Asking price: $1,175,000
Listed: Thu 7 Sep, 12:45 pm
Kelvyn Coffey
Coffeys Tourism Property Brokers Ltd
  • Contact details
  •  (03) 5500459
  •  (027) 4320565


Agent's details

Kelvyn Coffey
  •  (03) 5500459
  •  (027) 4320565
Coffeys Tourism Property Brokers Ltd
(03) 3669040

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