Freehold Going Concern - business

43-45 Carroll Street, National Park

Asking Price NZD $3,600,000 + GST (if any)

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Freehold Going Concern - business | 43-45 Carroll Street, National Park | 1691228 |      X Close

Freehold Going Concern - business

•Freehold Going Concern

•Diversified customer base, both in summer and winter

•Predominantly domestic tourism

•Freehold site of approx. 2,022sqm

•Lease already in place and can support a Lessee

•Excellent cashflow business which has shown good returns

•Established accommodation provider since 1988

As an established accommodation provider since 1988 Howard's Mountain Lodge is for sale as a freehold going concern offering investors good returns under management or even better returns with a hands-on approach.

The business is substantial and supports a solid rental structure allowing future options to divest of the business and retain the freehold as a passive income.

Comprising a range of accommodation from standard rooms with shared bathrooms, deluxe rooms with ensuites to the modern self-contained Ruapehu Family wing that sleeps up to 10 guests. The Lodge facilities include reception and manager's office, laundry, spa and BBQ area, two full kitchens, several lounges/tv rooms with log fires, pool table and a ski hire shop.

This turnkey investment opportunity in the Ruapehu region has a strong base of domestic travellers and is well set up to cater for free independent travellers, families and groups. National Park is within the central part of the North Island and a perfect drive destination from the cities. Located approx. 15 minutes from the Whakapapa Ski area and the Tongariro Alpine Crossing, 20 minutes to Ohakune and 100km to Taupo.

The Tongariro National Park is known for its snow season buzzing in mid-winter to serve the needs of skiers and snow boarders. In recent years summer tourism has boomed with the Tongariro Alpine Crossing in particular attracting over 130,000 walkers in the year ending February 2020. There is more to love about the region in the summer, including kayaking, fishing, and scenic flights. In the next two years new mountain bike trails are being developed on and around Mount Ruapehu which will attract large numbers of cyclists.

43-45 Carroll Street, National Park

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