Ad ID: 70210

Motel for Sale Queenstown

Queenstown Lease & Management Rights

Location:
Asking:
$1,800,000

Business for Sale Description

Motel for Sale Queenstown

Amity Lodge in Queenstown, offers a unique mix of a motel business lease and management rights.  There is also the potential to purchase 2 of the apartments in addition to the asking price of $1.8m. 

Reasons to buy

  • Attractive yield
  • Spacious 2 bedroom manager's accommodation
  • Long lease tenure
  • First time on the market for 12 years!

The double storey complex comprises of 10 one-bedroom (5 upstairs) and 6 two-bedroom units and is situated close to downtown Queenstown, in a quiet street.  Amity Lodge is a mere 8km away from Queenstown’s International airport.

The owner's accommodation is a 2 bedroom, double storey apartment.  The ground floor includes an office, bathroom, living/kitchen and private outside courtyard.  Upstairs includes 2 double bedrooms, with outdoor decks, bathroom and office or third small bedroom.  There is plenty of storage available and an undercover carport for 2 to 3 cars at the rear of the motel complex.

Queenstown and NZ Tourism

Over 2 million visitors are attracted to Queenstown all year round and tourism in NZ is now a major export earner and experiencing tremendous growth. International tourism spend is expected to reach $15 billion in 2023, up 52 per cent from 2016. (MBIE, 12 May 2017). Take the opportunity now to invest in this growth sector and in Queenstown, known as 'NZ's adventure capital'.

Reference: EL01352

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LINK Business Christchurch Ltd
For more info
Contact:

Jono Jarvis

Jono Jarvis
09 394 0509 or 021 177 9760
Phone: Jono Jarvis 09 394 ... or 021 177 9760
LINK Business Christchurch
Licensed REAA 2008
Broker Ref: EL01352

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