South Island

Premium Accommodation Business in Central Otago

$1,500,000 plus GST (if any)

Business Description

Premium Short-Term Accommodation Business near Wanaka, Central Otago

Seize the opportunity to own one of Central Otago’s finest short-term accommodation businesses just minutes from Wanaka, this established business offers both Management Rights and a long-term lease arrangement, presenting a rare chance for a highly profitable venture. The complex provides for over 90 guests onsite.

Key Highlights:

Management Rights: 17 stylish townhouses featuring:
- 4 x 1-bedroom units
- 12 x 2-bedroom units
- 1 x 3-bedroom unit
30-Year Commercial Lease:
- 5 spacious ensuite rooms in a brand-new hotel building, ideal for individuals or couples
- 7 additional ensuite lodge rooms that can be let individually or reserved as a group accommodation option—perfect for gatherings or events

Exceptional Financial Performance:

Opened in June 2022, this business has seen rapid growth in both occupancy and revenue, with exceptional trading results for the six months up to September 2024. The blend of accommodation types offers flexible pricing options and sustainable profit growth, meeting the needs of solo travelers, couples, families, and groups alike.

Guest Facilities and Amenities:

Brand-New Reception Area & Manager’s Office: Centrally located and currently operating 8 am – 6 pm, seven days a week, this modern space supports efficient operations and provides a welcoming point of contact for guests.

Parking for All Rooms and Units: Each townhouse, hotel, and lodge room comes with dedicated parking, offering convenience for all guests.
Versatile Accommodation Options: From self-contained 1, 2, and 3-bedroom townhouses to ensuite lodge rooms with shared living and cooking facilities, the complex provides options for solo travelers, families, and large groups alike.
The current owners live offsite, however there is an opportunity to rent or purchase an apartment within the complex.

Unique Location and Lifestyle Appeal:

For active travelers, the location is unparalleled, ideally located for guests to experience Wanaka’s many attractions. Guests have direct access to nearby walking and biking trails, fishing spots, and river swimming areas, with more adventurous pursuits like mountain biking, white water kayaking, and river surfing close at hand.

This is more than an accommodation business; it’s an opportunity to own a thriving venture in one of New Zealand’s most sought-after destinations.

Enquire today to learn more about this rare investment opportunity in Central Otago! For full details please contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ.

Business Summary