Listing #:1503638118

Lake Roxburgh Lodge - Freehold Going Concern

One of NZ's best value accommodation businesses!
Location: Central Otago, Otago
Lake Roxburgh Lodge is an award-winning accommodation, licensed restaurant and outdoor courtyard in the heart of Central Otago and the vendors have decided to retire after 20 years.

*UPDATE* ?Price Reduced as our Vendor's who are from the UK are wishing to retire after owning and operating this business for 20 years.

Located in a picturesque village within walking distance of the mighty Clutha River – Mata-Au. It is here that two of New Zealand’s most popular Cycle Trails meet – the Roxburgh Gorge Trail and the Clutha Gold Trail. The Lodge is a must-stop destination for weary trail blazers.

Situated on landscaped gardens and established tress, the land area is approximately two acres or 8290m2 and the buildings consist of approximately 490m2 all on ground level.

The two main buildings on the property include the 11 guest suites, restaurant, bar, guest laundry, guest toilets in the restaurant area, a one bedroom owner's apartment adjacent to the office and commercial kitchen.

The 11 guest suites include: 1 x 1 bedroom, 1 x King Deluxe Studio (spa bath), 1 Disabled studio, 2 standard twin rooms, 4 x standard Queen Studios and 1 x 2 Bedroom suite.

Excellent Earthquake report, heat pump in the restaurant, double glazing in the restaurant and 3 guest suites.

This is the perfect business for a couple wanting to be busy for 9 months of the year and the opportunity to close for the 3 quiet winter months.

There is a real opportunity to open the restaurant for lunches plus promote the restaurant and bar as a function venue which holds approximately 32 guests plus a large outdoor courtyard for a similar number of guests.

There is also a great opportunity to add another business to the property and operate cycle hire and transfers as the recently opened Roxburgh Gorge, Clutha Gold Cycling and walking trails are now starting to generate serious additional business.

Broker's comment: This is very well priced & will give two owner/operators a very good return on the investment and owners salaries.

Agency reference #: THL-37902
Asking price: $795,000
Listed: Wed 27 Dec, 12:05 pm
Adrian Chisholm
TourismProperties.com
  • Contact details
  •  (021) 727888
  •  (021) 727888

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Agent's details

Adrian Chisholm
  •  (021) 727888
  •  (021) 727888
TourismProperties.com

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