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| Property ID: | THL20-1084 |
| Property Type: | Motels, Other Accommodation |
| Sale Type: | Freehold Going Concern, Freehold Investment |
| Region: | West Coast |
| Address: | Glacier Highway, Whataroa, South Westland |
| Price: | Offers around $900k+GST (if any) |

| Phone: | 03 310 7487 |
| Mobile: | 027 466 7930 |
| Email: | kevin@tourismproperties.com |

A unique property situated on the Glacier Highway which passes through the township of Whataroa.
This property is over 1.131ha (more or less) and comprises:
An 11 unit Motel
Comprising 9 studio and 2 two-bedroom units.
The rooms are well presented, spacious, with good chattels, beds and furnishings.
There are disabled access units, and ample parking.
The motels enjoy good seasonal occupancy and are popular for tourists who wish to base themselves in Whataroa to enjoy the many activities in the area including:
- Famous "White Heron Sanctuary Tours"
- Glacier walks or Helicopter/Plane Flights
- Fishing, Tramping or Hunting
4 Bedroom Home
A well maintained home with 4 bedrooms, good living areas and spacious grounds/gardens.
Whataroa Health Centre Building
Utilised as the local Health Centre/Surgery. Seperate from both the house and the motels and also leased to the West Coast District Health Board
Asking Price: $900k +GST (if any)
Option 2
The vendor will consider selling the 11 unit Motel block seperately (Subject to Survey)
Asking Price $495,000 +GST (if any)
Broker's Comment
This property represents a good lifestyle opportunity to purchase an 11 unit motel business, a family home to live in, and a seperate building leased out and providing good rental income. Alternatively the new purchaser could continue to lease the home for additional rental income.
The size of the property also provides development opportunities such as additional motel units, cabins or campervan/caravan sites.
The option to purchase just the motel block also is offered.
Financials
Financial and supporting information can be accessed now from the downloads links. Note that files containing sensitive business information are password protected.
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
The population of Whataroa and its surrounding area was 405 in the 2006 Census, an increase of 81 from 2001.
| Whataroa is located in an agricultural area where dairying is the primary activity. The town contains amenities such as a school, two churches, and Maori craft gallery. It is also a staging base for trips to a White Heron sanctuary that is the only breeding location of white heron in New Zealand. |