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. Rare opportunity to purchase a high-quality motel complex in Wanaka, a popular tourist destination in New Zealand.
2. Recently opened in August 2016 and fully refurbished in October 2023, making it one of the newest and most modern motels in the area.
3. Prime location on Cardrona Valley Road, the direct route to Queenstown International Airport, making it easily accessible for travelers.
4. 20 luxurious units, including studios, one bedroom, and two bedroom apartments, catering to a wide range of guests such as domestic and international tourists, families, and business travelers.
5. Strong forward bookings, with over $400,000 already secured as of early March.
6. Owner's residence with three bedrooms, two full bathrooms, and modern amenities such as underfloor heating and a chef's kitchen.
7. Private courtyard with BBQ area, heat pumps, and a log fire for year-round comfort.
8. Confidential details available upon completion of a confidentiality agreement and Information Memorandum on the website.
9. Experienced and knowledgeable real estate agent available for enquiries and further information.
