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Property Ref: 4703

Westport Motor Hotel, Freehold Investment For Sale

Property Type: Investment Opportunities, Hotels

Sale Type: Freehold Investment

Region: West Coast

Physical Address: 201- 207 Palmerston Street, Westport

Price: $2,200,000 + GST if any

Broker: Brad Watts

Mobile: +64 21 278 0919

Email: brad@tourismproperties.com

Don’t miss out on this passive investment opportunity on the Coast!

  • Superb main street location
  • Freehold Land & Buildings on 4231m² (more or less)
  • Long Term lease in place – Lease Expires in 2050, Rental Income $150,000 PA + GST
  • The Buildings have been upgraded to the latest building standard code and has a NBS rating of 67%. The PS4 is available in the Documents tab

Brokers Comments: The Hotel complex has been upgraded and offers 27 well appointed 4 star guest rooms. Restaurant, 2 bars (house bar and public bar), fully serviced conference facilities and a wholesale liquor outlet. For all buyer enquires please contact your specialist Tourism & Hospitality Business Broker, Brad Watts on mobile: 0212 780 919 or email: brad@tourismsproperties.com

Westport is located at the North of the West Coast. The area is dominated by lush native bush, lakes, rivers, and rugged coastline, all overseen by the great Southern Alps. The northern West Coast has one of the mildest climates in New Zealand, perfect for scenic walks, amazing adventures, and relaxation on the wonderful beaches.

With two national parks, Kahurangi and Paparoa and extensive bushlands, there are many walking and tramping tracks providing access to one of the world’s most beautiful natural environments. The forests are host to a myriad of native birds including rare species, while at Cape Foulwind you can visit a seal breeding colony.

For more inquisitive or adventurous types, descend into an underground labyrinth, investigate a limestone cavern system, challenge the white waters by raft or kayak, surge the rivers by jet boat, or explore the bushlands by mountain bike, Argos, or on horseback. Raft through the surf on a dolphin encounter, tube raft through underworld tunnels and glow worm grottos, grab a surfboard and ride the big West Coast waves, or take hold of a fishing rod on a chartered fishing boat. Jump in a unimog and go for a spin.

Top of the West Coast

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Westport Hotel - RV

Westport Hotel - Lease

Westport - PS4 Report

Westport Hotel - Title

Property Details

Property Type

Investment Opportunities
Hotels

Sale Type

Freehold Investment

Region

West Coast

Physical Address

201- 207 Palmerston Street, Westport

Price

$2,200,000 + GST if any

Contact Agents

Brad Watts - Tourism Properties Business Broker

Brad Watts

Tourism & Hospitality Business Broker
Canterbury, Marlborough, Tasman & Upper West Coast
International: +64 21 278 0919
NZ Mobile: 021 278 0919

Email: brad@tourismproperties.com

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