What an opportunity awaits you in Franz Josef with this land and building investment motel available at well below replacement cost.
This complex offers a real point of difference in the tourist accommodation market. 18 Villas spread out over 5,225sqm of landscaped grounds providing stunning views of surrounding bush and mountains.
10 one-bedroom and 8 two-bedroom 4.5 star Qualmark Silver rated fully self-contained Villas, all come with fully equipped kitchen, separate bedrooms, spacious living area and separate dining facilities.
The New Zealand borders fully opened to the rest of the world on 1 August 2022. Prior to that certain countries were still restricted, however the resulting revenue and profitability from accommodation businesses in the region saw a significant recovery for the year April 2022 to March 2023. The question at that time was is this sustainable or is this a spike? We can now report that the year to March 2024 saw even further gains in revenue being the first full financial year with all borders fully open for the entire period.
With a long registered lease in place and rental income now returned to pre-Covid levels, surely now must be the time to secure this strategic investment at a great price.
Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.
We would welcome your enquiry on the Land and Buildings of this Motel for sale in Franz Josef via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.
