nzbizbuysell.co.nz/97280
Ad ID: 97280

Prime Freehold Going Concern Motel for Sale Te Anau

Top Home & Income opportunity! Lake Te Anau’s waterfront 15 unit Edgewater Motel, plus a spacious 4 bedroom manager’s residence, is seriously for sale!

Location:
Asking:
$3,300,000
+GST (if any)

Business for Sale Description

Prime Freehold Going Concern Motel for Sale Te Anau

Top FHGC Motel Complex For Sale on the Waterfront!

Lake Te Anau’s great waterfront 15 unit Edgewater Motel, plus a spacious 4 bedroom manager’s residence, is offered for sale.

Highlights of this freehold Going Concern motel complex are that it enjoys a prime location, just across the road from the lake, offering spectacular lake views, plus a spacious and modern manager’s residence also with prime lake views, and additional land for future development.

This extensive motel complex is situated on approximately 3035m² of prime Lakefront Drive, with a drive through the complex to Quintin Drive, at the rear of the motel.

The lakefront manager’s 4 bedroom residence also has a separate accessed 1-bedroom motel unit on the upper floor, with absolute waterfront views!

The complex was constructed around 1978, and comprises a basement of approximately 122m² and two upper floor levels totalling 245m².

The first of the two motel complexes is approximately 274m² and accommodates six motel units over 2 levels. This complex was built around 1970.

The second motel complex is approximately 291m² and has 8 ground level motel units. 7 units have recently been completely refurbished with double glazing and new roofing across the entire block, plus major internal refit and layout.

A current building consent (issued 31 January 2020) has been issued to upgrade the existing two storey block or rooms.

For full details of this opportunity please contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or Adrian@tourismproperties.com.

Agency reference #: 30944

Business Resources

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For more info
Contact: Adrian Chisholm

Adrian Chisholm

021 727 888
Business Hours
Tourism Properties.com
Licensed REAA 2008
Broker Ref: 30944

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