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Property Ref: 2309

Motivated Vendor, Price Reduced: Tongariro Suites@The Rocks Boutique B&B, Central Plateau

Property Type: Lodges, Bed & Breakfast, Luxury Homes, Motels, Residential Real Estate

Sale Type: Freehold Going Concern

Region: Central Plateau

Physical Address: 27 Hutiwai Rd, Horopito

Price: FHGC PRICE REDUCED TO $1,995,000 (+GST if any)

Broker: Malcolm Teesdale

Mobile: +64 27 530 8738

Email: malcolm@tourismproperties.com

  • Motivated Vendor
  • Absolute class
  • Super location
  • Sustainable lifestyle plus
  • Proven B&B business

This premium property is located on the edge of Tongariro National Park. Discreetly located just minutes from Ohakune Village, you are handy to both Turoa and Whakapapa ski resorts. The property is also well-placed for the famous Tongariro Crossing and for the endless recreational opportunities of the area: hiking, kayaking, mountain-biking, star-gazing, jet boating, quad-biking and more. Tongariro National Park is an all-season playground.

Stunning home with 6 luxurious suites:
These supersized suites must be seen to appreciate how very cool they are. All have generous showers (room for two!) and 4 have freestanding baths. One even has a second accessible bathroom.  Every suite enjoys superb views of Mt Ruapehu across the gardens featuring native plantings and a pond. Each suite has its own private deck. There is also a large sheltered deck with hot tub and barbecue – and the ever-present mountain view. At the heart of the home is a massive open-plan kitchen/dining/lounge, opening onto another large deck, plus a second snug lounge – both with wood fires.

Environmentally Sustainable:
Built just 4 years ago, on over 1 hectare of land, the 450 m2 property represents the latest thinking in sustainability. The 5KW solar system provides a large proportion of electric power on site. Lights are either energy efficient or LED. Heating, water heating and the hot tub are all electric. The property is double glazed and fully insulated, including the concrete foundation. Water is by rainwater. All waste water stays on site: it is processed, filtered and clean water is recycled back into the ground.

The Business Opportunity:
The property currently operates as Tongariro Suites@The Rocks – a very successful luxury B&B with 4 guest suites. The design of the property makes this possible with zero intrusion into the owners’ private, 2-suite home. The business operates all year round at 80% occupancy. It rates 5 stars on TripAdvisor, Exceptional 9.7 on Booking.com with outstanding reviews. The operating surplus is well into 6 figures.

With Ruapehu Alpine Lifts investing $100m in their skifields over the next few years, and with the ski season opening earlier than ever before, demand for accommodation in the areas is booming.

The sale will include all the quality chattels required for the operation of the B&B and significant forward bookings.

Full financial disclosure and registered valuation are available to qualified enquirers: call now to arrange your personal inspection.

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Valuation

Property Summary

Trading FY2015-FY2017

Trading FY2018

Trading FY2019

Published Room Rates

Tongariro Suites Occupancy

For outstanding TripAdvisor Reviews click HERE

Property Details

Property Type

Lodges
Bed & Breakfast
Luxury Homes
Motels
Residential Real Estate

Sale Type

Freehold Going Concern

Region

Central Plateau

Physical Address

27 Hutiwai Rd, Horopito

Price

FHGC PRICE REDUCED TO $1,995,000 (+GST if any)

Contact Agents

Malcom Teesdale - Tourism Properties Business Broker

Malcolm Teesdale

Tourism & Hospitality Business Broker
Waikato, Taupo, Central Plateau & Bay of Plenty
International: +64 27 530 8738
NZ Mobile: 027 530 8738

Email: malcolm@tourismproperties.com

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