Franz Josef, South Island
Motel Investment in the Heart of the Village
Land and Buildings $3,500,000
Business Description
Accommodation businesses in the Glacier Regions are once again enjoying tremendous cash flow and profitability.
This 21 unit property is located right in the centre of Franz Josef. The investment is secured by way of a long-term a registered lease at a very healthy rental which is once again in line with revenue and profitability for the operator.
This is an opportunity to invest and receive a passive rental income with all outgoings met by the operator. The owner of the freehold invested considerably in refurbishment and upgrading prior to leasing to the current operator in 2019.
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 ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. The motel is located in the heart of the village in Franz Josef, a popular tourist destination in the Glacier Regions.
2. The accommodation business is currently experiencing high cash flow and profitability.
3. The property consists of 21 units and is secured by a long-term registered lease at a healthy rental rate.
4. The rental income is passive and all outgoings are met by the operator.
5. The freehold owner recently invested in refurbishment and upgrading of the property.
6. Some information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and has not been verified.
7. Confidential details can only be disclosed upon completion of a confidentiality agreement.
8. An Information Memorandum is available on the website for interested parties.
9. Enquiries can be made through the website or by contacting Kelvyn Coffey via phone or email.
10. The property is a sound investment opportunity for those looking to receive a passive rental income.
