Queenstown, South Island
10 Room Luxury Boutique Hotel - Prime Location
Business Lease $1,295,000
Business Description
This charming European styled boutique hotel commands one of Queenstown's best locations, just minutes from the town offering sweeping views across Queenstown and Lake Wakatipu to the Remarkables Range.
Superb central 10 room boutique hotel, combining both bed & breakfast with genuine New Zealand hospitality, the hotel is the perfect accommodation for vacations, short breaks, ski or family holiday.
Building is just 24 years old with an extensive central heating system upgrade, November 2022, including the installation of a new boiler for an owner's peace of mind. New carpet was put through the units 2020. Rooms feature soft toned European styled decor, carpets and soft furnishings creating a warm and welcoming ambience for the guest's total comfortable stay. All rooms enjoy a stunning view.
The quality of the property is reflected in guests' feedback. The property is consistently rated at the top end of Queenstown hotels by the world's top travel site Trip Advisor.
The current owners each year enjoy the company of repeat visitors from within New Zealand and overseas which have provided some very healthy forward bookings locked in place. Hands on operators will enjoy the day to day experience of meeting and looking after guests from all over the world. With the expected growth in tourism into Queenstown, the future is looking strong.
Owner's accommodation is provided by way of a private two-bedroom apartment which opens out to its own screened off courtyard area.
The lease is favourable, the figures are good and getting better. If you wish to operate at the top end boutique market, then this is a great opportunity to do so.
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 Business Lease of this Hotel for sale in Queenstown via our website or by phoning DEREK JOHNSON on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Prime location in Queenstown with sweeping views of the town and Lake Wakatipu.
2. Charming European style boutique hotel with 10 rooms.
3. Combination of bed and breakfast and genuine New Zealand hospitality.
4. Perfect accommodation for vacations, short breaks, ski or family holidays.
5. Building is only 24 years old with recent upgrades to central heating system and new carpet in 2020.
6. Rooms feature soft toned European decor and all have stunning views.
7. Consistently highly rated by guests on Trip Advisor.
8. Strong forward bookings from repeat visitors.
9. Private two-bedroom owner's accommodation with courtyard.
10. Favorable lease and strong financial figures.
11. Opportunity to operate at the top end of the boutique market.
12. Confidential details available upon completion of a confidentiality agreement.
13. Future growth expected in tourism to Queenstown.
