Oamaru, South Island
Substantial FHGC with Further Potential
Land, Buildings and Business $6,050,000
Business Description
Substantial opportunity including 30-unit motel and an entertainment & restaurant complex situated on the busy SH1 just north of the town centre.
Both businesses have a long history in Oamaru and are close to Centennial Park Sports Grounds, Oamaru Racecourse and secondary schools.
The motel business has recently secured a significant long-term corporate booking for 22 units for 6 months, starting September 2025. This booking has been made at the normal daily unit rates. It is likely that the small number of remaining units available will achieve very high occupancy.
Local stadium development is now underway and creating a 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.
Resource Consent to separate an additional parcel of mostly vacant land of 6,911 square metres zoned residential, with access to State Highway one. Potential here?? (Please note that we have not made enquiries with the local authorities in relation to consenting matters.)
A total parcel of land 15,281 sqm in a very high-profile location.
Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.
We would welcome your enquiry on the Land, Buildings and Business of this Motel and Entertainment Complex for sale in Oamaru via our website or by phoning JOHN CONNELLY on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Substantial freehold going concern comprising a 30‑unit motel and an entertainment and restaurant complex, sold together as land, buildings and business.
2. High‑profile frontage to State Highway 1 just north of Oamaru town centre, offering strong passing traffic exposure.
3. Long-established businesses with local recognition and proximity to Centennial Park Sports Grounds, Oamaru Racecourse and secondary schools, supporting regular demand.
4. Motel secured a significant long-term corporate booking for 22 units for six months from September 2025 at normal daily rates, providing guaranteed near-term revenue.
5. With 22 units committed, the remaining units are likely to achieve very high occupancy during that contract period, enhancing yield.
6. Local stadium development underway, creating additional future demand for accommodation and event-related patronage for the entertainment venue.
7. Strong tourism catchment including the Victorian Precinct, Oamaru Blue Penguin Colony, public gardens and nearby mountain biking, supporting leisure visitation year round.
8. Total landholding of 15,281 square metres in a prominent location, providing space for operations, parking and potential expansion.
9. Resource consent in place to separate an additional mostly vacant 6,911 square metre parcel zoned residential with State Highway access, indicating development upside subject to council enquiries.
10. Some listing information is sourced externally and unverified, and certain details are confidential and only available under a confidentiality agreement and via the Information Memorandum.
