Queenstown Motel Apartments


62-66 Frankton Road, Queenstown

Asking Price NZD $8,000,000 + GST (if any)

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Queenstown Motel Apartments | 62-66 Frankton Road, Queenstown | 4480641 |      X Close
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Queenstown Motel Apartments


Located just 700m from the town centre at 62 Frankton road, the gateway into Queenstown, this well established complex is available for purchase as a going concern including the land, buildings and business.

The property consists of a three bedroom managers residence, 18 studio units in the front two blocks constructed in 2004 and a further three one bedroom units and three studio units in the original back block. All units have a kitchenette, bathroom with shower over the bath and the majority have a twin bed and single bed combination giving a total of 72 beds. Cleverly laid out on an 1872sqm site to allow for ample off-street parking.

The current long term owner operators have developed and maintained this high profile complex to provide a very good standard of accommodation at an affordable price proving very popular with tourists, domestic travellers and repeat corporate clientele ensuring a steady income stream.

With potential to enhance this great property further, the astute operator could grow this business to the next level.

Motel complexes like this are seldom available in Queenstown so enquire today to secure this great opportunity.

Steven Kirk

Frankton

Licensed under the REA Act 2008

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62-66 Frankton Road, Queenstown

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Steven Kirk

Frankton

Licensed under the REA Act 2008

View profile