Ad ID: 74502

Hanmer Springs Motel for Sale Hanmer Springs

Hanmer Springs Scenic Views Motel Business for Sale

Location:
Asking:
$749,000
+ GST if any

Business for Sale Description

Hanmer Springs Motel for Sale Hanmer Springs

First impressions are everything The timeless stone schist creates a true alpine feel and style to the motel's street appeal. This is the first motel on the left hand side of the road as you driving into Hanmer Springs Alpine Village and Tourist Destination. Only 2-minute drive to Hanmer Springs famous Thermal Pools and only 1.4 hours drive from Christchurch International Airport, this is a popular destination for domestic and international visitors.

Business Resources

Whats on Offer

  • The room configurations include 16 units - from studios to two bedroom family apartments that are all single level and easily accessible. There are 4 x two bedroom units, 2 x two bedroom units with an extra bed in the extended lounge area capable of sleeping 6 people and 10 x studio units. One studio has a spa bath and the executive spa pool suite has a generous size spa pool which is on an exclusive balcony overlooking the magnificent mountain views. 
  • Convenient guest parking onsite  
  • Easy care landscaped grounds 
  • The lease term has 25 years remaing and is due to expire on the 19th Dec 2043. 
  • Rent review every 2 years, the next rent review is due on the 19th Dec 2019. 
  • The owners' accommodation is comfortable and modern, being single level, and with three bedrooms and a bathroom (with spa bath). It is not only private and spacious but also has a good overview of the complex, being adjacent (but not attached) to the office.   

Brokers Comments We are instructed to sell the leasehold business interest. The business offers a return on investment of 23.04% over 4.3 years before EBITDA.

To learn more about this business please contacting Brad Watts your motel specialist on mob: 0212780919 or email: brad@tourismproperties.com

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Tourism Properties.com
For more info
Contact:

Brad Watts

+64 21 278 0919
Tourism Properties.com
Licensed REAA 2008
Broker Ref: 66131

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