Listing #:5114448288

Premium Accommodation Business in Central Otago

Location: Wanaka, Otago
Seize the opportunity to own one of Central Otago’s finest short-term accommodation businesses just minutes from Wanaka, this established business offers both Management Rights and a long-term lease arrangement, presenting a rare chance for a highly profitable venture. The complex provides for over 90 guests onsite. Priced at $1.5mil +GST

Key Highlights:

Management Rights: 17 stylish townhouses featuring:
- 4 x 1-bedroom units
- 12 x 2-bedroom units
- 1 x 3-bedroom unit
- 30-Year Commercial Lease:
- 5 spacious ensuite rooms in a brand-new hotel building, ideal for individuals or couples
- 7 additional ensuite lodge rooms that can be let individually or reserved as a group accommodation option—perfect for gatherings or events

Exceptional Financial Performance: Opened in June 2022, this business has seen rapid growth in both occupancy and revenue, with exceptional trading results for the six months up to September 2024. The blend of accommodation types offers flexible pricing options and sustainable profit growth, meeting the needs of solo travelers, couples, families, and groups alike.

Guest Facilities and Amenities: Brand-New Reception Area & Manager’s Office: Centrally located and currently operating 8 am – 6 pm, seven days a week.

Versatile Accommodation Options: From self-contained 1, 2, and 3-bedroom townhouses to en-suite lodge rooms with shared living and cooking facilities, the complex provides options for solo travelers, families, and large groups alike.
The current owners live offsite, however there is an opportunity to rent or purchase an apartment within the complex.

This is more than an accommodation business; it’s an opportunity to own a thriving venture in one of New Zealand’s most sought-after destinations.

Enquire today to learn more about this rare investment opportunity in Central Otago!

Agency reference #: 74786
Asking price: $1,500,000
Listed: Fri 10 Jan, 3:56 pm
Adrian Chisholm
Tourism Properties
  • Contact details
  •  (021) 727888

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Agent's details

Adrian Chisholm
  •  (021) 727888
Tourism Properties

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