AD ID: 128183

Apartment & Motel for Sale Cromwell Otago

Location:
Asking:
Management Rights $1,300,000 Freehold Residence Price by Negotiation
Type:

Built 2017 - Vendor Finance

Apartment & Motel for Sale Cromwell Otago

Why buy this Apartment & Motel Business

Apartment & Motel for Sale Cromwell Otago

Imagine you own a business with a speedway, world class motorsport park and a sports car museum at your back door. Wineries are a bike ride up the road and a little over half an hour is Queenstown or Wanaka.

A rare opportunity comes your way to buy a very high-quality complex in one of New Zealand's tourism hot spots. A beautiful part of New Zealand to live in, Cromwell - Central Otago. You live and work in a town where you too can enjoy what tourists love.

Central Park Apartments & Motel is a beautifully presented complex in an exceptional location. Located in the secure gated community of Highlands Innovation and Technology Park. The complex was built in 2017 with all the modern features and is the only motel within the Park.


Operating by way of Management Rights has a number of advantages over traditional commercial leasing models. A separate article discussing the merits of this type of arrangement is available on our website.


The owner's residence is for sale - price by negotiation.


The stunning second floor home offers 3-bedrooms, 3-bathrooms and large double garaging including laundry and storage space. The views from the open plan lounge/dining/kitchen are simply breathtaking and are a must to see! The modern reception area is conveniently located downstairs and gives guests a wonderful first impression.


There is separate double garaging/storage for personal toys for the Manager of the complex.


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 Management Rights of this Motel and Apartments for sale in Cromwell via our website or by phoning DEREK JOHNSON on 0800 263339, DDI 03 927 4277 or 027 240 1285.

For more info Contact:

Derek Johnson

027 240 1285 or 03 568 0620
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: OS836
Derek Johnson
Coffeys Tourism Property Brokers Ltd

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