Ad ID: 77254

Hotel for Sale Oturehua Central Otago

Multiple income streams in picturesque Central Otago. Home and businesses on the Central Otago Rail Trail. An exciting lifestyle opportunity in an historic freehold building.


Business for Sale Description

Hotel for Sale Oturehua Central Otago

Safe haven in the South! 

During these tough times we are lucky to have on our doorstep stunning walks and the Rail Trail to exercise on. 

The historic Oturehua Railway Hotel on just under 3,000 sq m, dating back to the 1890's sits in the picturesque Ida Valley, home to the Brass Monkey Motorcycle Rally and the Ida Burn Dam which hosts the outdoor curling Bonspiel winter events.

This business has multi streams of income from the bar/bottle store, restaurant and accommodation. Closed for nearly 2 months but now there are significant forward bookings for both accommodation and meals. Awesome for us is that 90% of our revenue is from Kiwi customers. We are very excited about the increased development of domestic tourism. 

The village is situated beside the Central Otago Rail Trail which brings 1000's of cyclists to the area each year. Oturehua is only 40 minutes from Alexandra, an hour to Cromwell and an hour and a half to Dunedin, Oamaru, Queenstown and Wanaka.

This renovated freehold building includes a large bar, dining room seating 46, commercial kitchen with walk in chiller and freezer. The kitchen also features the large restored coal range manufactured in 1836. The owners home inside the Hotel has just been renovated and modernized. this includes 3 bedrooms, lounge, storage areas, large bathroom with separate toilet and utility room.

To the rear of the hotel is an en suited accommodation unit sleeping 4 people.

Outside there are 2 beer gardens, a large children's playground and full size Petanque Court.

Business Resources

Included in the purchase of this home/business are all the chattels and fixtures to enable this to be a turn key opportunity to live and work in this increasingly popular part of rural New Zealand.

Profit from owning a property and business in Central Otago that is busy servicing the highly popular Rail Trail.

Find out more about this opportunity by chatting to Grahame today.

Interested In This Opportunity?

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For more info
Contact: Grahame and Liz Jones

Grahame and Liz Jones

03 4445856 or 021 982966

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