Listing #:3676841484

16 Units. Beautiful Spot. FHGC. Vendor Finance

Location: Westland, West Coast
Vendor Finance. Various options have been discussed. Indications from the Vendors is that a minimum $800,000 is required upon purchase and the balance $800,000 will have terms that can have some flexibility for the purchaser and vendor to agree on. Please note that the purchaser will have to have vendor approval first.

With a reasonably large complex of 16 units this could sustain a manager if you wish to invest in the motel industry and yet not be too daunting to operate yourself and enjoy the beauty of the West Coast.

Owners' residence looks out over 8,039 sqm (more or less), backing up to the Heritage Park's bush and has stunning expansive rolling lawns.

The complex has 13 studio and 3 family units. Commercial grade laundry equipment (washer and dryer) investment on site helps reduce operating costs.

All units enjoy the benefit of being ground floor and stunning views wherever you wish to park up the sun chairs.

At the rear of the complex a sizeable area is available for further development but could easily be fully utilised as caravan and campervan income an extension to the business. (Please note that we have not enquired with the local authorities in regard to consenting matters.)

The motel is situated in a spectacular setting in a quiet location, easily accessible yet back from the main highway. A restaurant, supermarket, cafe, and tavern are all within 100 metres.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land, Buildings and Business of this Lodge for sale in Haast via our website or by phoning DEREK JOHNSON on 0800 263339, DDI 03 927 4277 or 027 240 1285.

Agency reference #: WC295
Asking price: $1,600,000
Listed: Mon 11 Jul, 9:55 am
Derek Johnson
Coffeys Tourism Property Brokers Ltd
  • Contact details
  •  (03) 9274277
  •  (027) 2401285

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Agent's details

Derek Johnson
  •  (03) 9274277
  •  (027) 2401285
Coffeys Tourism Property Brokers Ltd
(03) 3669040

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