Methven, South Island

Methven Location Strong Summers Peak Winters

Business Lease $589,000

Business Description

This well-established motel complex features 11 units, with 8 units and the owner's accommodation completed in 2005.

A secure 35-year lease commenced in February 2006 and has recently been extended through to 2050, offering long-term stability and peace of mind for incoming operators.

The property offers a range of accommodation options, from studio units to spacious three-bedroom units. All are well-presented and fully equipped with modern amenities, including double glazing and heat pumps, ensuring year-round comfort for guests.

Methven is renowned for its strong winter demand, with the ski season consistently delivering near-full occupancy. In addition, the popular hot pools complex - operating successfully for the past three years - has transformed the town into a true year-round destination, significantly boosting visitor numbers and benefiting local businesses.

This is an excellent opportunity to secure a proven accommodation business in a thriving tourism location.

An Information Memorandum is available to download from our website coffeys.co.nz.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.

We welcome your enquiry via this website or direct to ANTHONY DAWSON.

Business Summary

Key Investment Insights

AI generated. Confirm details with the seller.

1. Located in Methven, a proven tourism town with strong summer appeal and peak winter demand.
2. 11-unit motel complex, with 8 units plus the owner’s accommodation completed in 2005, implying modern stock and two older units.
3. Secure long-term lease originally 35 years from February 2006, recently extended through to 2050, providing operational stability.
4. Accommodation mix ranges from studio units to spacious three-bedroom units, enabling appeal to solo travellers, couples and families.
5. All units are well-presented and fully equipped with modern amenities, including double glazing and heat pumps, supporting year-round comfort.
6. Ski season drives near-full occupancy in winter, indicating strong seasonal revenue performance.
7. Local hot pools complex operating for three years has converted Methven into a year-round destination, boosting visitor numbers outside winter.
8. Proven, operating accommodation business in a thriving tourism location, representing a ready-to-operate investment.
9. Additional transaction detail available via an Information Memorandum, with some particulars disclosed only after a confidentiality agreement.
10. Agency contact is Anthony Dawson, enquiries accepted via the website or direct contact.
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