Methven, South Island
Location is Everything Strong Summers Peak Winters
Business Lease Price on Application
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, property benefits from recognised strong summer trade and peak winter demand, enhancing occupancy potential year-round.
2. Proven ski-season performance, with near-full occupancy during winter, indicating reliable peak-season revenue.
3. Hot pools complex operating for three years has converted Methven into a year-round destination, materially boosting visitor numbers and supporting off-peak demand.
4. Well-established motel complex comprising 11 units, providing scale for steady accommodation income.
5. Eight units plus the owner’s accommodation were completed in 2005, indicating relatively modern construction and layout.
6. Secure 35-year lease commenced February 2006 and recently extended through to 2050, offering long-term tenure stability for buyers.
7. Wide mix of accommodation types from studio units to three-bedroom units, allowing market segmentation and family bookings.
8. Units are well presented and fully equipped with modern amenities, including double glazing and heat pumps, ensuring guest comfort in all seasons.
9. Inclusion of owner’s accommodation facilitates onsite management or owner-operator model.
10. Sale process includes an Information Memorandum and confidentiality requirements, central contact provided as Anthony Dawson, indicating a formal, managed sale process.
