Ad ID: 71788

Motel for Sale Central Otago

FHGC Motel on Otago Rail-Trail

Location:
Asking:
$349,000

Business for Sale Description

Motel for Sale Central Otago

Waipiata Motel is for sale including land, buildings & the business. The land area is 1 hectare (approx) and the motel comprises of 6 modern, good-sized units with a large deck on both sides of the building to enjoy the Central Otago sun and beautiful landscape. One of the units has been designed as a manager's unit.  The motel is popular with overnight stays by cyclists riding the rail trail and is currently operated by the Waipiata Country Hotel which is a short walk away and also offers an excellent option for a refreshing drink or hearty meal. 

A new owner has the option to continue having the motel managed or, living on-site and possibly adding further accommodation and/or a campervan park (subject to consents).  The motel is currently closed for winter, giving a new owner the flexibility to continue to close it over winter or stay open for business to potentially increase cash flow!

Location

The motel is located in Waipiata just 10km from Ranfurly in Central Otago and just metres from the renowned Central Otago Rail Trail.  The property is uniquely located in the middle of the South Island and heading west is a scenic and leisurely 2 hour drive to Queenstown or Wanaka and a similar time if heading east to the seaside town of Oamaru or Otago's biggest city, Dunedin. 

Otago Central Rail Trail

New Zealand’s first Rail Trail and Original Great Ride opened in 2000.  The 152km long trail follows the former route of the Otago Central Railway. It is estimated that annually, over 80,000 cyclists use the trail for casual day trips, commuting or completing the trail from start to finish.  Regional Councils in the area are constantly adding new sections to the Rail Trail network.

To find out more, go to www.linkbusiness.co.nz/CS00206 and press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.

Interested In This Opportunity?

Email To A Friend / Myself

 

Similar Business Opportunities:
Motels for Sale Otago
Businesses for Sale Otago
LINK Business Christchurch Ltd
For more info
Contact:

Jono Jarvis

Jono Jarvis
0800 112 336 or 021 177 9760
anytime
Phone: Jono Jarvis or 021 177 9760
LINK Business Christchurch
Licensed REAA 2008
Broker Ref: CS00206

Sign up for the Latest Businesses For Sale

BUSINESS FOR SALE BULLETINS
quickly get the newest business opportunities.

SELECT BULLETIN(S):
  •