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Heritage Highway Motel In Hokitika For Sale

Hokitika, West Coast
Asking Price:
$2,560,000 (NZD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Looking for a new tourism accommodation business opportunity, look no further. Here is a property in one of the best locations in Hokitika, a beautifully presented Motel, maintenance free, ready for you to start your new journey. The property was built 19 years ago by the current owners to a very high standard. The family home was built first and the motel units were developed shortly after, there are several architectural elevation drawings available upon request.

The motel is in a prime location on the main road, just before the bridge south to Franz & Fox Glacier. It is within an easy walking distance to the towns tourism retail presinct offering arts, crafts, cafes, bars, historical sites and walks.

'What is on offer'

• You have the option to buy the business on a new 35-year lease or you can buy the land, buildings and business.
• 14 Motel units offer multiple room configurations including studio units, 1 and 2 bedroom units. All units are fully self-contained with ensuite.
• Maintenance free gardens & grounds, very little mowing which is always a plus giving you have more time to work on the business.
• Easy off-street parking.
• Mini golf and outdoor areas for guests to relax and watch the spectacular sunsets in the evenings.
• Owners home is purpose-built for a family with 4 bedrooms upstairs with shared large bathroom shower/bath and separate toilet. Downstairs is another large bedroom with ensuite and walk-in wardrobe. Large open plan living areas, 2 lounges, dining area and large kitchen. The guest reception is conveniently located at the front of the home, for guest arrivals. A triple bay garage and one bay has been converted into the housekeeping and laundry storage areas for the motel with a sperate guest laundry at the rear. Private owners parking area, private courtyard with spa and BBQ area. I have photos available for registered buyers on request.

FHGC $2,560,000 or the LHGC $560,000 + GST if any

Brokers comment this property is one of the best-presented motels I have seen for a while. The property offers all the facilities and services you would expect in a first class motel. The owners are ready to pass it on to an experienced operator as leasehold business opportunity and remain on as landlords to support a new business owner or sell the land, buildings and business.

Property information

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