Property Ref: 58263

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Catlins Gateway Motels – Authentic Lifestyle plus Income Opportunity

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Property Information

The Catlins Gateway Motels represent a very special freehold opportunity to combine an income stream with lifestyle and expansion potential.  Perfectly situated on the way into Owaka (coming from Balclutha) these motels are on the popular Southern Scenic Route. Just 1-hour drive from Dunedin Airport they provide the ideal base for people to explore the spectacular scenery and wildlife of the Catlins Coast.

This unique opportunity includes 8 x fully self-contained units (6 x Studio and 2x one-bedroom family units), plus a 3-bdrm house as on-site Owners Accommodation. There is also ample scope for further development on the (approx.) 9,217m2 land area. Many of the overseas guests enjoy the authentic Kiwi experience of seeing and feeding the sheep that are grazing the free land on the property, and the peaceful tranquil semi-rural setting. I am sure that a clever Purchaser will recognise the many different opportunities to further grow this business into something very special.

These motels have been operating in ‘Cruise-Control’ for many years, but have recently taken on a new lease of life with some redecorating, modernisation, and establishment of Internet booking systems. These enhancements have transformed these motels, boosting occupancy, securing strong forward bookings, and revealing the true potential of this business. There’s still plenty of scope to build this business further and for future expansion, but the ground work is already taken care of. 

This business is ripe and ready for new owners to take it to the next level.

 

Accommodation Overview

Spacious, comfortable accommodation with a choice of 8 ground-floor self-contained units. All units include kitchen facilities, a dining area, lounge, and bathroom. There is electric heating in all units, free WiFi and off-street parking. Wheelchair accessible units are also available. Within easy walking distance of the town centre and all services, including the Information Centre, museum, cafés, hotel, garage and shops.

6 x Studio Units

These spacious studio units have a queen-size bed and a single bed, kitchenette with table, lounge and furnishings, ensuite bathroom, electric wall heating, TV, guest laundry, off-street parking, free WiFi. Sleep 1-3 persons.

2 x 1-Bedroom Family Units

A queen-size bed in the main room, 3 single beds in the bedroom. Full kitchen, spacious lounge and dining area, separate bedroom and bathroom, guest laundry and off-street parking. Includes electric heating, free WiFi, TV. Sleep 5 persons.

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  • Monthly breakdown of revenue and forward bookings - 209.8 KB

  • Summary of Financial Performance for the 2015 , 2016 and 2017 years - 746.2 KB

  • 2336737-1-Allotment-8.pdf - 359.9 KB

  • 2336734-1-Part-Section-2.pdf - 277.6 KB

  • Titles-with-owners-markings.pdf - 347.4 KB

  • Forward-Bookings-as-at-29-Nov-2017.pdf - 328.3 KB

Owaka is:

  • 111km south of Dunedin
  • 32km south of Balclutha
  • 135km north of Invercargill
  • 276km south-east of Queenstown
  • 240km east of Te Anau

The Catlins

The Catlins has many amazing experiences to share. Explore the beaches along the rugged coastline, stunning bush walks, and cascading waterfalls. Encounter rare and endangered native wildlife, such as yellow-eyed penguins (hoiho), New Zealand sea lions (whakahao), and the yellowhead bird (mohua) in their natural habitat. Spot fur seals on the rocks, or take a walk through the magnificent Cathedral Caves at low tide. Discover a 180-million-year-old petrified forest at Curio Bay and maybe catch a glimpse of the dolphins. The Catlins offers something for everyone!

Owaka is at the heart of the Southern Scenic Route and the gateway to the spectacular Catlins. It not only caters for the nature lover, but also the fishing, hunting and dining crowd. Owaka's local Information Centre is your one-stop shop for all you need to know about The Catlins and the museum has a great display of the region's pioneer settler and maritime history.

Use Owaka as your Catlins base and take a short detour from the Southern Scenic Route to visit the small seaside community of Pounawea or Surat Bay where the SS Surat was wrecked in 1874. Venture to Jack's Bay to take a short walk to Jack's Blowhole or head south and discover the Purakaunui Falls, New Zealand's most photographed waterfall cascading over a series of ledges amid dense forest of podocarp and beech, then move on to the stunning Matai and McLean falls.