Listing #:1503638193
Catlins Gateway Motels – Authentic Lifestyle plus Income Opportunity
Location: Clutha, Otago
The Catlins Gateway Motels represent a very special freehold opportunity to combine an income stream with lifestyle and expansion potential. Perfectly situated on the way into Owaka (coming from Balclutha) these motels are on the popular Southern Scenic Route. Just 1-hour drive from Dunedin Airport they provide the ideal base for people to explore the spectacular scenery and wildlife of the Catlins Coast.

This unique opportunity includes 8 x fully self-contained units (6 x Studio and 2 x one-bedroom family units), plus a 3-bdrm house as on-site Owners Accommodation. There is also ample scope for further development on the (approx.) 9,217m2 land area. Many of the overseas guests enjoy the authentic Kiwi experience of seeing and feeding the sheep that are grazing the free land on the property, and the peaceful tranquil semi-rural setting. I am sure that a clever Purchaser will recognise the many different opportunities to further grow this business into something very special.

These motels have been operating in ‘Cruise-Control’ for many years, but have recently taken on a new lease of life with some redecorating, modernisation, and establishment of Internet booking systems. These enhancements have transformed these motels, boosting occupancy, securing strong forward bookings, and revealing the true potential of this business. There’s still plenty of scope to build this business further and for future expansion, but the ground work is already taken care of.

This business is ripe and ready for new owners to take it to the next level.

Agency reference #: 58263
Asking price: $795,000
Listed: Wed 27 Dec, 12:05 pm
Peter Gale
TourismProperties.com
  • Contact Details
  •  (021) 608107
  •  (021) 608107

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Agent's details

Peter Gale
  •  (021) 608107
  •  (021) 608107
TourismProperties.com

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