Duntroon Hotel on the "Alps to Ocean Cycle Trail", LH Business for sale

Duntroon Hotel

Leasehold Business opportunity

Long Lease

Stopover on the new “ALPS to the OCEAN CYCLE TRAIL” which means plenty of “POTENTIAL”  

The Duntroon Hotel  is located in the small farming town of Duntroon in the Waitaki Valley just 30 kilometers inland from Oamaru. The Hotel forms an integral part of the community. The business is priced to sell at just $150,000.00. The Hotel has undergone some upgrading under the present owners but there is still much to be done which will allow the new owner the scope to put their own mark on the business. 

The new “Alps to the Ocean Cycle Trail” from Mt Cook to Oamaru is currently under construction and it passes right through Duntroon which will be the last overnight stopover point for trail users before they reach Oamaru. It is expected that this new trail will become as popular if not more popular than the renowned Otago Central Rail Trail and we all know how business along this trail has thrived since its inception.

The present owners have decided that this expected bonanza of new business will be too much for them to handle as they head into their retirement years so it’s time for them to move on. This is a perfect business for a couple who are up to the challenge of developing this business and the premises in readiness for the opening of the trail.

 It is at a price that is affordable and the owners are ready to talk turkey and meet the market.         

Contact Phil Agent - Hotel Broker now for comprehensive property listing details about this hotel business for sale and sound advice from a professional - 021 433 973 or 0800 744 572 or email phil@tourismproperties.com www.tourismproperties.co.nz