Oamaru, South Island
New 35 Yr Lease - 30 Units - Wonderful Opportunity
Business Lease $850,000
Business Description
A substantial motel business situated on the busy SH1 just north of the town centre. Close to Centennial Park Sports Grounds, Oamaru Racecourse and secondary schools.
This 30-unit motel business with new 35-year lease and stepped rent creates a wonderful opportunity.
Local stadium development will create further need for accommodation in the area.
Oamaru, the largest town of the Waitaki District, has a rich history and proud heritage, enriched by the passionate and perhaps quirky locals.
Tourists love to explore this heritage in the Victorian Precinct. Foodies will love the area and nature lovers can visit the Oamaru Blue Penguin Colony, stroll through the Oamaru Public Gardens, or mountain bike at the Cape or Oamaru Reservoir.
Potentially you may wish to consider the purchase of the Freehold Going Concern available in conjunction with the listing for the land and buildings.
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 would welcome your enquiry on the Business Lease of this Motel for sale in Oamaru via our website or direct to JOHN CONNELLY.
Business Summary
Key Investment Insights
1. New 35-year lease in place, providing long-term occupation certainty and transferable income stream.
2. 30-unit motel size offers operational scale and capacity for group and peak demand bookings.
3. Stepped rent structure, allowing predictable rent increases and potential alignment with revenue growth.
4. Highly visible location on the busy State Highway 1 just north of Oamaru town centre, supporting drive-by and transient traffic.
5. Close proximity to Centennial Park sports grounds, Oamaru Racecourse and secondary schools, driving regular local and event-based demand.
6. Local stadium development expected to increase accommodation needs, presenting near-term demand upside.
7. Strong tourism catchment with heritage attractions in the Victorian Precinct, Oamaru Blue Penguin Colony, public gardens and regional mountain biking, supporting leisure occupancy.
8. Option to acquire the Freehold Going Concern including land and buildings, enabling control of real estate and potential capital growth.
9. Some listing details are confidential and require a signed confidentiality agreement, indicating commercially sensitive information available to qualified buyers.
10. Information Memorandum available from coffeys.co.nz and enquiries directed to John Connelly, streamlining access to transaction materials.
