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 direct to DEREK JOHNSON: P: ---------- M: ---------- E: ---------- .
Business Summary
Key Investment Insights
1. 20-unit luxury motel, positioned at the upper end of Wanaka accommodation offerings, signalling premium market positioning and potential for higher ADRs.
2. Recent full refurbishment in October 2023, effectively near-new condition since original opening in August 2016, reducing short-term capital expenditure.
3. Strong forward bookings exceeding NZD 400,000 as at early March, providing immediate revenue visibility at acquisition.
4. Unit mix of 14 studios, 4 one-bedroom and 2 two-bedroom apartments, offering operational flexibility across couples, families and business travellers.
5. Located on Cardrona Valley Road, the direct route between Wanaka and Queenstown over the Crown Range, enhancing accessibility to Queenstown International Airport and regional demand flows.
6. Target market explicitly includes domestic and international tourists, holidaymakers, families and business travellers, indicating diversified demand segments.
7. Property equipped with modern conveniences and smart technologies expected by today’s travellers, supporting premium guest experience and operational efficiencies.
8. Onsite three-bedroom owner’s residence with two full bathrooms and underfloor heating, facilitating live‑work ownership and rapid on‑site management response.
9. Owner residence includes chef’s kitchen with gas stove, walk-in pantry, double carpeted garage with internal access and private courtyard with BBQ, adding lifestyle and resale appeal.
10. Climate comfort features across the property include heat pumps, underfloor heating in owner’s bathrooms and a log fire, enhancing winter appeal in a cold‑season destination.
11. Confidential information is gated behind a confidentiality agreement and Information Memorandum, indicating availability of detailed financials to qualified buyers.
12. Direct sale enquiries managed by a named broker, Derek Johnson, simplifying buyer engagement and due diligence initiation.
