Listing #:4166778678

Great Freehold Opportunity - Perfect Timing!

Location: Westland, West Coast
What an opportunity awaits you in Franz Josef with this Freehold Going Concern available at well below replacement cost. Living and working with the spectacular backdrop of the Westland/Tai Poutini National Park. Incredible scenery every day. Surely now must be the time to secure this strategic investment at a great price.

This complex offers a real point of difference in the tourist accommodation market. 18 Villas spread out over 5,225sqm of landscaped grounds providing stunning views of surrounding bush and mountains.

10 one-bedroom and 8 two-bedroom 4.5 star Qualmark Silver rated fully self-contained Villas, all come with fully equipped kitchen, separate bedrooms, spacious living area and separate dining facilities.

The New Zealand borders fully opened to the rest of the world on 1 August 2022. Prior to that certain countries were still restricted, however the resulting revenue and profitability from accommodation businesses in the Glacier Region saw a significant recovery for the year April 2022 to March 2023. Comparable revenues for this financial year are considerably ahead of the same time last year.

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 Motel 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 #: WC448
Asking price: $3,150,000
Listed: Tue 6 Jun, 4:25 pm
Kelvyn Coffey
Coffeys Tourism Property Brokers Ltd
  • Contact details
  •  (03) 5500459
  •  (027) 4320565

Advertisement

Agent's details

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

Email the agent

Log in or register to email the agent.
Expires: Thu 20 Jun, 3:20 pm
Page Views
6267