Methven, South Island
Hard to Find Land and Building Investment Methven
Land and Buildings Price by Negotiation
Business Description
This complex has 11 motel units, of which 8 were completed in 2005 as was the owners' accommodation.
A 35-year lease commenced in February 2006 and has just been extended to 2050.
The property has units ranging from studio to three bedroom. The units are very well presented and have all the amenities, including double-glazing and heat pumps.
Methven in the ski season is usually always full to bursting, however the new hot water pool complex which has been in operation for the last 3 years, has created a new all year-round attraction and created huge benefits for Methven and local businesses.
NOW is the right time to invest in this area.
We would welcome your enquiry on the Land & Buildings of this Motel for sale in Methven via our website or by phoning JOHN CONNELLY on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. 11 motel units, 8 completed in 2005, with owner's accommodation
2. 35-year lease extended to 2050
3. Units range from studio to three bedroom
4. Well-presented units with amenities such as double-glazing and heat pumps
5. Methven is a popular destination, especially during ski season
6. New hot water pool complex has created year-round attraction and benefits for local businesses
7. Ideal time to invest in the area
8. Business for sale includes land and buildings
9. Listing can be found on the website or by contacting John Connelly
10. Potential for growth and profitability in the future.
