Asking Price NZ$545,000 + GST
(if any)
Southern Lakes Stunner, circa 30% return and ...
A popular and profitable Motel with 12 well-appointed units in the Southern Lakes tourist town of Te Anau - the gateway to Fiordland.
The current owners have decided to embark on a new chapter of their lives and are ready to hand over this well performing business with 33-years remaining on the lease and tastefully decorated units of varying configuration of north facing two-bedroom, one-bedroom and studio units
The owner's accommodation is a four-bedroom home with spacious, sunny bedrooms, plenty of storage along with garaging and reception downstairs which also offer tours to their guests. The local primary and secondary schools are decile nine.
Being only a short two-minute walk to the shore of the simply stunningly beautiful Lake Te Anau and a five-minute walk to the town centre.
Don't delay, contact me today as this profitable business with circa 30% return and record forward bookings presents an exciting opportunity to enter the thriving Tourism industry.
Allister Simpson
Queenstown and Southern NZ Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Lease
Profitable business with a long lease of 35 years in place
Location
Two-minute walk to lakefront and five-minute walk to town centre
Business use
Low maintenance twelve-unit ground floor complex
Premises
Spacious and sunny four-bedroom owners' home
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