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
Business Summary
Key Investment Insights
1. Prime location: The Fox Glacier Lodge and Campervan Park is situated in a tranquil private setting surrounded by temperate rainforest and offers stunning mountain views towards the glacier valley. This prime location attracts a high number of visitors and contributes to the success of the business.
2. Diversified accommodation options: The property offers a variety of accommodation options including a chalet, self-contained units, B&B style rooms, and a campervan site. This allows the business to cater to a diverse range of customers and attract a steady stream of revenue.
3. Strong financial performance: The property has shown a consistent and strong net profit between the years 2016 to 2019, making it one of the most successful lodges and campervan parks in the area. This indicates a stable and profitable business model.
4. Investment opportunity: The property is being sold as a freehold going concern, making it an attractive investment opportunity. The current rental income of $150,000 + GST per annum and a long-term secured tenant on a 35-year lease make it a desirable investment option.
5. Highly rated on travel sites: The Fox Glacier Lodge and Campervan Park has received high ratings on popular travel sites, which is a testament to the quality of service and facilities provided. This positive reputation can attract more customers and contribute to the success of the business.
6. Additional development potential: The property has a neighbouring bare land for sale that is zoned for a tourism development. This presents an opportunity for the new owner to expand and further develop the business.
7. Scenic location: Fox Glacier is known for its stunning scenery and offers visitors a rare opportunity to easily access a dynamic glacial environment in a forested area. This makes it a popular tourist destination and contributes to the success of the business.
8. Manager's unit: The property includes a 3-bedroom manager's unit with internal access to the reception area. This allows for convenient management of the property