Lifestyle and Accommodation Income FHGC

Waitaki
Reference: OS519
Motel / Motor Lodge
Land, Buildings and Business $1,795,000

Starting out in the industry or wanting to slow down, this near new complex was built in 2018 and is brought to the market in near new condition (low maintenance).

New owners can enjoy long-term ownership or even consider the option of selling of a lease now or in a few years' time. You may consider running this with one person, with little staff, or as a couple.

Seven fully self-contained units including five studios and two one-bedroom apartments, offer very stylish decor and have been fitted with modern appliances being only five years old.

With a good mix of the tourist market, it is also well supported by the corporate market, with a steady stream of business throughout the year to keep you busy all year round.

Omarama on the western edge of the Waitaki region is a place of scenic contrast and haunting natural beauty, with emerald rivers and towering mountains. If you're into gliding, this is the place for it. The motel is situated at the rear of the town and backs up to the Saint Cuthbert Range if it is the great outdoors you wish to explore in your spare time.

Or hop on a bike and follow the Alps to Ocean Cycleway all the way to Aoraki Mount Cook. Or head in the other direction (downhill) to Oamaru.

By owning the land, buildings and business (FHGC), you are the boss! Make all the decisions with the satisfaction of owning your own business. If you want to directly enjoy the rewards of your hard work, contact me for more information.

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.

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 Land, Buildings and Business of this Motel for sale in Omarama via our website or by phoning DEREK JOHNSON on 0800 263339, DDI 03 927 4277 or 027 240 1285.

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Derek Johnson

Derek joined Coffeys in April 2021. He decided to step up to the plate and help other moteliers & accommodation business operators buy or sell their properties after the challenging year of COVID 19.

Derek brings with him over 18 years’ experience in the hospitality and tourism industry. Managing and owning businesses has been particularly important to him. He owned and operated a large rural hotel for 10 years prior to leasing a successful & highly profitable 19 unit motel in Wanaka (pre-Covid) with his wife Crystal. They have done extensive work on upgrading & modernising the interiors. Also, a lot of effort has gone into landscaping & improving/upgrading outdoor facilities such as the playground. He is very fond of his roses found throughout the property.

His role as the local publican gave him a variety of experiences with the public and within the community, such as sponsorship for all the main local sports teams. Derek loves to chat to people.

SO YES. Derek knows how to market your property and importantly, he also understands how you run your business. Let him help you get the result that you want. Derek says he chose to come to Coffeys as he believes in the brand and their ethics.

Travelling regularly from Wanaka to Dunedin to see his daughter, filling his time in there with projects around the holiday home – although he is not too sure when the ‘holiday’ part starts. His interests are hiking and sports – any kind! Rugby and cricket (which he loved to play), being his favourites. Family time is most important to him.