Ad ID: 53176

Land buildings and Iconic Vintage Train Business for Sale Queenstown District

Iconic Vintage Train - The Kingston Flyer + Land and Buildings for sale near Queenstown New Zealand. One of the world's most unique train operations....!

Business Description

Land buildings and Iconic Vintage Train Business for Sale Queenstown District

One of the world's most unique Train operations, rolling stock and associated land and buildings are for sale near Queenstown, Central Otago, New Zealand. Freehold Investment unique opportunity to be part of the booming tourism in New Zealand

The "Kingston Flyer" train operation and hospitality freehold land and buildings are situated in the townships of Kingston and Fairlight. The business is not currently operating as a "going concern" business and the Assets, Land and Buildings are offered as a "Freehold Investment."

The new tourist cycle trail "Around The Mountains" has opened which begins in Kingston and has an option of multi day trails which finishes with a boat trip across Lake Wakatipu on the historic steam ship, the TSS Earnslaw, ending up back in the southern jewel of Queenstown.

Kingston a small town at the southernmost end of Lake Wakatipu, just north of the border of Otago and Southland, in New Zealand's South Island. It is 47 kilometres south of Queenstown by a road which winds between the lake to the west and The Remarkables mountains to the east. Kingston Township and the rail corridor from Kingston to Fairlight is situated on State Highway 6 on the route to Milford Sound.

The two locomotives, rolling stock, property titles including both land and buildings are for sale by a reluctant vendor due to ill health. Do not ask how many millions the replacement value of this package of locomotives, carriages, land, buildings, chattels, plant and machinery.

The Kingston Land Titles total 17,194m2, the Railway Corridor in Kingston totals 4.546ha, the Railway Corridor from Kingston to Fairlight totals 68.893ha and the Fairlight Station area totals 4.635ha.

The sale includes land titles (some with buildings including the Flyer Ticket Office, Cafe & Bar premises in Kingston and the Fairlight Railway Station in Fairlight). One title is situated between Kingston and Fairlight containing the railway corridor and one title in Fairlight houses the Fairlight Station and triangle three point turning equipment to turn the train around for it's return journey to Kingston.

The Fairlight title of 4.635ha lends itself to further development as it not only houses the Fairlight Station, it boarders the river and subject to a resource consent, may be suitable for Tourist Accommodation.

Business Resources

The locomotives include an AB 778 (entered service in 1925) and AB 795 (entered service in 1927, seven passenger carriages of the same vintage / period and associated plant and machinery.

The hospitality business that operated when the train was operating, called the "Flyer Cafe & Bar" has chattels available at valuation - this business previously had both an "on-premise" and "off-premise" liquor licence and the Kingston Flyer Train had a "on-premise" licence on board the train.

The new owner would be required to apply to the New Zealand Transport Authority (NZTA) for approval as the new rail operator to receive a new Rail Licence and Safety Case for the Kingston Flyer operation.

To take advantage of this great opportunity in this vibrant tourist destination. Genuine buyers please contact me now.

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