Accommodation Villas Business for Sale West Coast

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Why buy this Accommodation Villas Business

Accommodation Villas Business for Sale West Coast

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.

Spacious separate owners' accommodation completes the picture.

Forward bookings for the summer season in the Glacier Region, particularly from overseas, are pouring in.

Combine this with a super long lease and a very fair rental structure, there would appear to be plenty of upside here. Pre-Covid this business would have shown a well above average return on investment at $995,000, however the owners' circumstances have changed, now bringing the business to the market seeking genuine offers recognising the obvious potential for regrowth.

Freehold options. The land and buildings of the 18 villas is also on the market at $2.5 million. This combined with the ingoing price for the leasehold interest creates the opportunity to acquire this Freehold Going Concern in a very favourable price, well under replacement cost.

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 Business Lease 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.