Unique Motel opportunity in Hanmer Springs

Vendor will consider all reasonable offers.

Including the 3,967 sqm of land, all the buildings plus the business of the Alpine Spring Motel, this really is the complete package. An ideal live-in and work for yourself situation in a business that is ready to be taken to the next level.

The Alpine Springs enjoys alpine views in all directions and offers 10 units made up of studios, one bedroom and two bedroom family units. There are spacious, attractive grounds, car parking, a guest laundry plus an extra unit that can be finished to add to the letting pool. Whilst it is trading normally, the motel has earthquake repair work required and reporting is available on this.
The three bedroom, two living room home offers privacy and a large garden /courtyard and has plans available for an upstairs ensuite extension. The home is cosy with its heat pumps and gas fireplace along-with being perfectly positioned to capture the sun.

Our vendors have enjoyed living and working here for 20 years and having worked in the hospitality industry for 50+ years they’re ready to retire. Being sold as is where is and as a freehold going concern, there are engineering, costing and repair reports available and the complex has insurance.

A confidentiality agreement will be required to receive the business information. Download Property files: https://www.propertyfiles.co.nz/property/5520133 (copy and paste the link into your browser).

Asking Price $1.9m + GST (if any)
Viewing by appointment

Please contact Kate Mullins 027 248 8456 about this listing.

Agency reference #: 5520141