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

Marketing Agent

Anthony Dawson

Coffeys

Key Investment Insights

AI generated. Confirm details with the seller.

1. Long term lease secured through to 2050, providing incoming operators with extended tenure and stability.
2. Established 11 unit motel complex offering studio, family and three bedroom accommodation options.
3. Eight units and owner’s accommodation were completed in 2005.
4. Modern guest amenities include double glazing, heat pumps and fully equipped units.
5. Methven’s ski season consistently delivers near full occupancy, supporting strong winter demand.
6. A successful hot pools complex has helped establish Methven as a year round visitor destination.
7. Owner’s accommodation is included within the motel complex.
8. Range of accommodation configurations caters to different guest requirements.
9. Business benefits from Methven’s established tourism appeal and increased visitor activity.