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
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.
