Investment Special @ 8.5% Return: Prime Motel Land & Buildings Freehold

An Exceptional Investment Opportunity – A Motel That Comes At A Price Well Below Its Replacement Cost.

This Large well run complex stands out in the competitive tourist accommodation market in Franz Josef, being Centrally located & featuring 18 Villas spread across meticulously landscaped grounds spanning 5,225sqm, offering awe-inspiring views of the surrounding bush and mountains.

Comprising 10 one-bedroom and 8 two-bedroom Villas, all holding a prestigious 4.5-star Qualmark Silver rating, these fully self-contained units boast self-contained kitchens, separate bedrooms, spacious living areas, and dedicated dining facilities along with an office/laundry building.

Franz Josef is a renowned tourist destination, enjoying a consistent visitor flow throughout its long summer season and steady demand from both independent travellers and group tours.

With a favourable Lease in place, Commencement Date 1/8/2019 for 35 years plus one right of renewal of 20 years ( Final Termination Date 31/7/2074 ). This commercial property investment offers an attractive rental return – an opportunity for investors seeking a strong yield.

What We Like:

• Freehold Land & Buildings – Solid Commercial Investment.
• A Strategic Tourism Holding.
• Contract Rental Income Circa $202,000
• Modern Construction.
• Large Complex.
• Capital Value $2,500,000 ( 1/9/2023 ).
• Insurance Replacement Valuation Estimate $5,800,000
• Land Area 0.5225 ( Hectares ).

With genuine long term syndicate investors exiting the industry and looking to achieve a sale, we see this as a great chance to secure a premium South Island commercial accommodation property.

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Adam Berry on +64 021409441 or email adam.berry@tourismproperties.com