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FHGC - Financial Rewards in Fox Glacier

Fox Glacier
Reference: 3562
Motel / Motor Lodge
Land, Buildings and Business $3,750,000

The freehold going concern opportunity for this motel comes to the market for the first time in 30 years.

This is a wonderful illustration of a complex that has been well maintained from new by the original owners. Yearly upgrades and with an eye for detail, the spacious rooms are bright, clean and warm, with lots of colour and home-like furniture for added guest comfort.

This 21 unit motel in the heart of Glacier country produces excellent financial results and comes with an outstanding customer record.

One of the best locations in the village, being set back from the main road but still very close to the town's amenities.

Set on a total land area of 5049 sqm over three titles, the sale includes the motel units, manager's residence, and a separate house for staff.

This is a rare opportunity to purchase a Freehold Going Concern in the thriving West Coast Glacier region.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

We would welcome your enquiry on the Land, Buildings & Business of this Motel for sale in Fox Glacier via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

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Kelvyn Coffey

Kelvyn Coffey has specialised exclusively in the sale of commercial accommodation businesses since 1984, with the forming of a company then known as South Island Motel Brokers Ltd. The business enjoyed success in the industry throughout the 1980's, with expansion of its activities into hotel brokerage (pubs and taverns) and later general business brokerage.

Having sold his interests in that agency, (which still operates today under a different name) he formed this company in 1995. The reason being that he wished to re-focus on specialising exclusively in travellers’ accommodation businesses. In 1996, he was appointed as the South Island consultant to the Motel Association of New Zealand.

For many years, he provided advice and information to Motel Association of New Zealand members as part of the benefit of their membership.  MANZ merged with Hospitality New Zealand in 2015.   HNZ continues to receive many questions on matters relating to leases, rentals, market trends etc., and he is happy to receive and assist with a steady number of enquiries from the team at HNZ.

Kelvyn also sits on the Industry Advisory Group to the Real Estate Authority for Business Brokerage. The REA is the government body controlling and regulating the Real Estate Industry. They seek advice and feedback from the group, which meets with the authority twice yearly, and consults when required.

From small beginnings in the South Island in 1984, (in those days no one had heard of a specialist “motel broker”), Kelvyn is proud to now run a nationwide company with a brand that is well recognised and respected within the industry throughout New Zealand.  He appreciates his good fortune in having been able to build a team of dedicated and professional brokers with support crew second to none.

Kelvyn has seen the economic highs and lows and is happy to share his experience with anyone contemplating entering the business. He lives in Christchurch, happily married to Colleen since 1988, with four (now adult) children. When time permits, hobbies include cycling (no lycra), snowboarding, photography, reading and hi-fi.

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