41 Sullivan Road, Fox Glacier, Weheka, South Island
Fox Glacier Lodge and Campervan Park for Sale
Price on Application
Business Description
Fox Glacier Lodge and Campervan Park in conveniently located with the mountain views towards the glacier valley, situated in a tranquil private setting surrounded by temperate rainforest edging the Westland Tai Poutini National Park. The Property Compromises of a large campervan site, a chalet, self contained units and B&B style rooms. The property has fantastic revenues as net profit between the years 2016 to 2019, and is one of the most successful Lodges and Campervan Parks, even post COVID 19.
FOR SALE as the Freehold Going Concern, as an Investment Opportunity or Lease.
KEY POINTS
-Current rental income of $150,000 + GST per annum
-Secured Tenant on long lease - 35 years as at 2024
-Annual Rent - $150,000 + GST
-A combination of 3 x One Bedroom Units, 4 en-suite Rooms, 3 Mezzanine
-units and a King Spa Chalet
-3 bedroom Managers unit with internal access to the reception
-25 Powered Camp Sites
-Highly rated on travel sites
-Sheltered BBQ Area
-Laundry and Dumping Station
-Rating Valuation: $1,770,000
LOCATION
Tucked into the forested foothills of the Southern Alps, the cosy township of Fox Glacier is geared up for glacier hikes, flights and scenic walks in the area. Like its twin, Franz Josef, the glacier descends from the Southern Alps down into temperate rainforest just 300 metres above sea level. The area around the Fox Glacier township offers visitors a rare opportunity to easily access a dynamic glacial environment in a forested area while within driving and walking distance from the main highway. Fox Glacier boasts some of the most spectacular scenery in our country. From Lake Matheson to the Fox Glacier to New Zealand highest mountains.
Please also note a neighbouring bare land for sale that is zoned for a tourism development
For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Tracey Green, on ---------- or email ---------- .
Business Summary
Key Investment Insights
1. Prime location surrounded by temperate rainforest and near Westland Tai Poutini National Park.
2. Diverse accommodation options including campervan sites, chalets, self-contained units, and B&B style rooms.
3. Strong financial performance with high net profit between 2016-2019.
4. Option to purchase as a freehold going concern or lease.
5. Secured tenant on a long lease until 2024.
6. Annual rental income of $150,000 + GST.
7. Well-maintained and highly rated on travel sites.
8. Variety of amenities including BBQ area, laundry, and dumping station.
9. Manager's unit with internal access to reception.
10. Potential for further development with neighboring bare land for sale.
11. Located in the picturesque town of Fox Glacier, known for its glacier hikes and scenic walks.
12. Surrounded by stunning scenery, including Lake Matheson and New Zealand's highest mountains.
13. Opportunity for a private viewing with specialist Accommodation Business Broker, Tracey Green.