www.nzbizbuysell.co.nz/109699
Ad ID: 109699 Inactive

Apartment Management Rights for Sale Queenstown Lakeside

Available for the first time in 10 years!

Location:
Asking:
$1,300,000
Buyer Enquiry // +GST if any

Why buy this Apartment Management Rights Business

Apartment Management Rights for Sale Queenstown Lakeside

Top Queenstown Lakeside Accommodation Management Rights Opportunity

Available for the first time in 10 years, here is a superb opportunity to buy the management rights to a complex of 18 premium apartments situated on the lake shore in Queenstown New Zealand. The complex comes with its own pebbled beach and jetty, a cycling and hiking trail right out front, and stunning unobstructed views of Lake Wakatipu and the surrounding mountains.

The business manages the grounds and buildings, and serves as the letting agency for 16 apartments, ranging from 70 sqm 1 bedroom suites to 170 sqm 3 bedroom villas. All apartments are fully equipped and appointed for self-catering home-away-from-home vacation experiences. All apartments are beautifully appointed with new kitchens, new bathrooms, new flooring, lighting and new soft furnishings.

Total accommodation capacity is 52 guests per night.

The business was awarded 2020 winner of Queenstown’s “Best Luxury Hotel” by the US-based assessment company Luxury Lifestyle Awards. It has been consistently rated by TripAdvisor in the top 10 accommodation businesses in Queenstown.

This business comes with a solid track record of demand from discerning New Zealand and international travellers. Its main markets are Australia, the USA, China, other Asia and Europe. It caters to both summer and winter tourism as well as shoulder season travellers looking for hiking and photography opportunities. Situated close to Queenstown’s old town centre, snow sports centres, vineyards, hiking, cycling, golf, lake and mountain activities.

Fully consented, operating as a going concern with skilled staff and earnings tracking up strongly following the re-opening of the borders.

Queenstown Lakeside Accommodation Property Summary:

  • Total units in the accommodation complex: 16 units
  • The front & back office to run the business is available to lease, & will be negotiated separately with the unit title apartment owner, that owns the office premise.
  • Please note: there is no managers unit with this listing.

Our vendors have a genuine reason for sale and are ready to move on. Don’t delay, this is your opportunity to secure one of Queenstown’s top management rights businesses with lakeside access – Call me now!

For more information please contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.