Wanaka, South Island
Luxury 20 Unit Motel. Wanaka's Newest Motel
Business Lease $1,795,000
Business Description
A rare opportunity comes your way to purchase a very high-quality motel complex in one of New Zealand's tourism hot spots, Wanaka. A beautiful part of New Zealand to live in. Come to Wanaka and live and work in a town where you too can enjoy what all the visitors love.
Opened in August 2016 West Meadows Motel comfortably holds its head high in the upper end of motel complexes in Wanaka. With attention to continuing to provide top quality accommodation to guests. Near on brand new as fully refurbished October 2023. Luxury motel units for domestic and international tourists, holiday makers, families and business travellers.
Location is such an important factor in selecting motels. This one situated on the Cardrona Valley Road connecting Wanaka and Queenstown as the direct route over the Crown Range to Queenstown International Airport.
20 luxurious units with all the modern conveniences and smart technologies that are required by today's traveller. Including 14 studios, 4 one bedroom and 2 two-bedroom apartments.
Forward bookings as at early March more than $400,000 will get you started strongly.
Owner's residence with three bedrooms, two full bathrooms, both with under floor heating. Walk in pantry complements the chef's kitchen including gas stove. Double carpeted garaging with internal access. Private courtyard with BBQ area. Heat pumps and log fire make the home nice and cosy in the winter and cool in the summer.
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 Motel for sale in Wanaka via our website or by phoning DEREK JOHNSON on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Rare opportunity to purchase a high-quality motel complex in Wanaka, a popular tourism destination in New Zealand.
2. Located on Cardrona Valley Road, a major route connecting Wanaka and Queenstown, providing easy access to Queenstown International Airport.
3. 20 luxurious units, including studios, one bedroom, and two bedroom apartments, catering to domestic and international tourists, holiday makers, families, and business travelers.
4. Recently refurbished in October 2023, making it near brand new and ensuring top quality accommodation for guests.
5. Owner's residence with three bedrooms, two full bathrooms, and modern amenities such as underfloor heating and a chef's kitchen.
6. Forward bookings as of early March are already over $400,000, providing a strong start for potential buyers.
7. Confidential details can be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on the website.
8. The property has a private courtyard with BBQ area, heat pumps, and a log fire, making it comfortable for guests in both winter and summer.
9. The business can be managed and operated by the new owner, providing an opportunity for a lifestyle change in a beautiful location.
10. The property is in close proximity to various attractions and activities in Wanaka, making it an ideal location for tourists.
11. The business has a strong potential for growth and expansion in the future.
