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MT HUTT LODGE - LAND FOR SALE

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Property ID: THL20-1143
Property Type: Lodges, Resorts, Other Accommodation, Development Site, Managed Investment Property, Investment Opportunities, Development Opportunities
Sale Type: Freehold Going Concern
Region: Canterbury
Address: Zig Zag Road, Rakaia Gorge, Canterbury
Price: $470,000 plus gst (if any)
Kevin Johnson
Tourism Business Broker
Phone: 03 310 7487
Mobile: 027 466 7930
Email: kevin@tourismproperties.com

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 MT HUTT LODGE - LAND FOR SALE
BUILDING CONSENTS IN PLACE
SPECTACULAR VIEWS
LIFESTYLE OPPORTUNITY!

Mount Hutt Lodge is a popular and successful accommodation complex offering a licensed restaurant, bar, accommodation and spectacular river and mountain views!

Occupancy levels are high as a result of the superb location and very strong management team in place.  Relationships with RCI -(the largest timeshare vacation exchange holiday network world-wide), and other like organsations help achieve the high occupancy levels the Lodge achieves. 

Purchase of the land on offer, and building of the accommodation units as per the consents in place, will result in good income and strong return on investment. The property is insurable and will continue as part of the Body Corp Insurance brokered and supplied by the property managers - Monad. The land has been declared in a non-earthquake zone by the SDC.

The current consent (which has 3 years left before renewal) is for:
2 x 2 bedroom units
2 x 1 bedroom units
1 x 3 bedroom unit (which can be devided)

Anything can be built inside the passed footprint which allows options including the new owner of the land living in one of the units to enjoy both the unique lifestyle the area offers, and the income stream from the other units.

The total land area for sale is 180m2 (more or less) with some other parcels of land also available  for purchase. It is on an elevated site behind the main lodge and next to another complex of similiar design to the propsed units. All units will enjoy magnificent views of the mountains and river. 

Plans of the proposed units are available to genuine buyers.

Brokers Comment
Purchase of this land offers a sound investment for an accommodation development that is fully consented, and would provide strong return on investment as part of the Mount Hutt Lodge accommodation complex. The new owner could choose to amend the plans and live in one of the units, or design a unique home solely to live in. This would provide a unique and enviable lifestyle just 50 minutes from Christchurch.

Location
On the National Highway Scenic Route 72/77, Mount Hutt Lodge is situated 80kms southwest of Christchurch, 16km north  of the township of Methven. The district offers many recreational activities including the Mount Hutt Skifield, 3 quality golf courses:
Terrace Downs (on the banks of the Rakaia River and rated in the top 5 courses in NZ)
Methven and Hororata Golf Courses
The Rakaia offers Jetboating and is famous for Trout and  Chinook Salmon

Asking price $470,000 plus GST (if any) 

BUYERS: We would welcome your enquiry on the SALE of this opportunity, by contacting TOURISM BUSINESS BROKER Kevin Johnson either via this website www.tourismproperties.com or by telephoning 027 466 7930 or 03 310 7487 or email kevin@tourismproperties.com

 

WHAT TO DO NOW? 
To request financial and other information about this great opportunity, follow this link HERE to our confidentially agreement registration page, then you can request access to the downloadable information by clicking the ‘Click Here to Request Full Access’ under the downloads section on the right hand column of this page. This will give you almost immediate access to the documentation we have on file, and any further information you require we will source for you.

Tourism Properties is New Zealand’s Number One Specialist Business Broker Company for the Tourism and Hospitality Industry. We have more listings and more Brokers than any other company within New Zealand. All of our listings can be viewed from our site and access to the relevant documentation is available there too. We sell Hotels, Motels, Restaurants, Bars, Cafes, Lodges, Taverns, Adventure Tourism, Leisure Tourism, Accommodation Businesses and much, much more.

If you can sleep in it, eat in it, drink in it or play in it, and it makes money, we sell it.


State Highway 77 is a State Highway iNew Zealand going through the inland parts of Central and Mid Canterbury between the towns of Ashburton and Darfield via the Rakaia Gorge. It is wholly single carriageway with two one-lane bridges at the Rakaia and Selwyn Rivers. One set of traffic lights is found in Ashburton marking the southern terminus of the highway.

About 43 km of the highway lie on the Inland Scenic Route (formerly State Highway 72).

State Highway 77 passing over the Rakaia Gorge Bridge, which was built in 1882

This is the current route of SH 77 as of June 2010.

The highway begins as Bangor Road just west of Darfield town centre, and proceeds in a westerly directions towards the mountains through flat pastoral farmland. Just before reaching the foothills, the road intersects with the Inland Scenic Route (Deans Road) coming from Waddington and begins its concurrency at Homebush. After a name change to Homebush Road, the road skirts to the north of Coalgate and then to the south ofGlentunnel before veering left and narrowing to one lane to cross the Selwyn River.

Now known as Wairiri Road, the road widens back to two lanes and passes through undulating to hilly farmland. At Glenroy the road changes name to Windwhistle Road and climbs towards the settlement of Windwhistle.

Beyond Windwhistle, the name changes to Rakaia Gorge Road and begins a spectacular descent into the Rakaia Gorge. For most of its length the Rakaia River runs on shingle river beds as a braided river but here the river is mostly a single channel. The river here has carved out the surrounding land to form two level terraces. The road passes over both these terraces before narrowing to one lane again to cross the river.

After widening again, the road changes name to Arundel Rakaia Gorge Road and rises towards the plains again. The road emerges onto the plains but passes right underneath the towering Mount Hutt. The road is frequently covered by snow and ices over in sheltered areas during the calmer periods of the winter months in higher parts of the road.

The road turns left onto Waimarama Road 10 km north of Alford Forest and proceeds through arable farmland, changes name again to Mount Hutt Station Road and arrives in Methven, where it changes name again to Main Street.

After Methven, the road changes name to Methven Highway and proceeds in a south to southeasterly direction through more pastoral farmland. Before Ashburton, the road hugs the Ashburton River, the name of the road changes to Alford Forest Road for about 2 km, then to River Terrace for 600 m and lastly to Moore Street for the last 300 m of the route before terminating at SH 1 in the town centre.