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Property Ref: 5177

Omarama Prime Freehold Investment Hotel For Sale, Omarama, NZ

Property Type: Hotels

Sale Type: Freehold Investment

Region: South Island, Central Otago

Physical Address: 29 Twizel-Omarama Rd, Omarama 9412

Price: FREEHOLD INVESTMENT FOR SALE, asking $1,785,000 + GST (if any)

Broker: Adrian Chisholm

Mobile: +64 21 727 888

Email: adrian@tourismproperties.com

Prime Freehold Investment Hotel for sale in Omarama

  • Key location on a prime and strategic corner in Omarama
  • This hotel has frontage to both State Highway 8 and 83
  • 2,600m2 approx. & 33 carparks
  • Business 2 Zone and prime for future development
  • Long lease in place, with a sound tennant, until 2030

Here is an opportunity not to be missed! Are you the next owner of the Omarama Hotel? Situated on a prime and strategic corner, with frontage to both State Highway 8 from Christchurch to Queenstown and State Highway 83 from North Otago to Omarama and the McKenzie Country, this hotel is trading well and has potential for growth!

For more information or to arrange your viewing, please contact the specialist Hospitality Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.


Omarama Hotel

The 710m2 Omarama Hotel is situated on a prime and strategic 2,600m2 corner land title with frontage to both State Highway 8 from Christchurch to Queenstown and State Highway  83 from North Otago to Omarama and the McKenzie Country.

The property has 33 associated car parks and a large dedicated loading zone with access from both State Highways.

This hotel situated is on Business 2 zoning and is prime for future development in the medium term. The current lease allows for the tenant to take up two further five years of the lease on 13 May 2020, with a final expiry date of 12 May 2030.

The improvements consist of the main hotel which has had substantial additions and alterations since its original construction.

The internal layout includes the main bar, beer garden, out-door seating areas on the west and east of the building,  walk-in Cool room, café, wash-up area, rear storage and access hallway, keg room, bulk store, toilets, 10 bedrooms, shared facility bathrooms and toilets for the guest accommodation wing, guest lounge, office, commercial kitchen, boiler room, kitchen wash-up room , approximately 42 seat dining room, food takeaways  operation in the old reception area and a small  manager’s flat.

This business trades exceptionally well and allows for future rental growth in the future.

The property is adjacent to an existing gift shop and cafe, and across the road from numerous retail shops, hospitality outlets and service stations.

For more information: please contact Adrian Chisholm, your Specialist Tourism Broker on Mobile 021727888 or outside of New Zealand on +6421727888, or by email at Adrian@tourismproperties.com


Omarama in Central Otago, New Zealand

Nestled in a broad basin between mountain ranges, Omarama is well known to glider pilots. Come here to soar in the skies and fish in the fast rivers!

Omarama means the place of light, and glider pilots love the air above the small township near the southern end of the Mackenzie Basin.

As a junction town, Omarama is naturally a great place to stop and stay if you’re coming from Christchurch, or from Ohau via the Alps 2 Ocean Cycle Trail. After a long day travelling or pedalling, have a relaxing soak in a private hot tub filled with pure mountain water at Hot Tubs Omarama under the starry night sky.

The Ahuriri river and Waitaki lakes offer excellent fishing, boating, picnicking and other recreational opportunities, and don’t miss the interesting geology of the Clay Cliffs, just north of Omarama.

Source: Tourism Waitaki, NZ.

Confidential Documents

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Listing 5177: Deed of Assignment of Lease | Omarama Prime Freehold Investment Hotel

Listing 5177: Deed of Lease | Omarama Prime Freehold Investment Hotel

Listing 5177: Deed of Renewal of Lease | Omarama Prime Freehold Investment Hotel

Listing 5177: Heads of Agreement to Vary Lease | Omarama Prime Freehold Investment Hotel

Listing 5177: Subdivision Resource Consent | Omarama Prime Freehold Investment Hotel

Listing 5177: Subdivision Plan | Omarama Prime Freehold Investment Hotel

Listing 5177: Zoning Business | Omarama Prime Freehold Investment Hotel

Listing 5177: Omarama Zoning Hotel & Develeopment | Omarama Prime Freehold Investment Hotel

Listing 5177: Omarama Zoning Map | Omarama Prime Freehold Investment Hotel

Property Details

Property Type

Hotels

Sale Type

Freehold Investment

Region

South Island Central Otago

Physical Address

29 Twizel-Omarama Rd, Omarama 9412

Price

FREEHOLD INVESTMENT FOR SALE, asking $1,785,000 + GST (if any)

Contact Agents

Business Broker Adrian Chisholm

Adrian Chisholm

Principal
Head Office | Central Otago, Fiordland & Southland
International: +64 21 727 888
NZ Mobile: 021 727 888

Email: adrian@tourismproperties.com

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