Be the Boss of the whole Town, Otira Hotel and / or Village For Sale
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| Property ID: | THL21-1038 |
| Property Type: | Hotels, Motels, Lodges, Resorts, Backpackers, Other Accommodation, Taverns, Bars, Restaurants, Cafes, Country Pub, Development Site, Other Hospitality, Leisure |
| Sale Type: | Freehold Going Concern (on Leasehold Land) |
| Region: | West Coast |
| Address: | |
| Price: | Hotel, Offers Over $320,000 Plus SAV + GST if any |
HospoBroker
| Phone: | 03 310 7487 |
| Mobile: | 027 466 7930 |
| Email: | kevin@tourismproperties.com |
PROPERTY INFORMATION
Here's your chance to be Boss Hog and own the whole town!
What a great opportunity here, Let your imagination go wild
Approximately 20 Hectare, Lease Hold Land, owned by New Zealand Rail and the rent is just 10 cents a year, first right of refusal and one of the best lease agreements I have seen
Back on the market due to time wasters, the sale may now include most of the town's chattels, including many houses and buildings which are mostly rented out and the town has a all year round population of around 40 residents.
The bulk of this town could be yours for offers over $1 Million. With income from the houses, pub and cafe this could mean a great return on your investment.
The Hotel consists of:
- Large Bar and Restaurant Area
- Separate Cafe/ Store
- Large Kitchen
- Office/ Amenities etc
- 10 Guest Bedrooms
- Guest Lounge upstairs
- 2 Bathroom Areas upstairs
There is a large opportunity to increase the Cafe operation and attract travellers before they go over the pass heading to Canterbury and I use the Arthurs Pass Cafes as an example of what may be achieved.-
With the great hunting and fishing and outdoor lifestyle, this could be the centre of a great eco tourism venture.
If you're looking for a great lifestyle opportunities with a great future, then call me today, your Specialist Hospitality Business Broker, Kevin Johnson, 0800 HospoBroker
FEATURES
Otira is a small township seven kilometres north of Arthur's Pass in the central South Island of New Zealand. It is on the western approach to the pass, a saddle between the Otira and Bealey Rivers high in the Southern Alps. The population of Otira and its surrounds was 87 in the 2006 Census, an increase of 30 from 2001.
It was originally a stop on the Cobb and Co stagecoach from Canterbury to the West Coast. The railway line was then built from Greymouth to Otira, with the pass navigated by coach, until the railway tunnel opened in 1923. The township is principally old Railways housing, much of which was constructed in Hamilton and shipped south to be reassembled on site.
Otira railway stationClose to the town are two major feats of civil engineering: the Otira Tunnel, and the Otira Viaduct.
