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Property Ref: 70231

Tourism Opportunity in Franz Josef

Property Type: Leasehold Business, Other Accommodation

Sale Type: Business only

Region: West Coast

Physical Address: 2761 Franz Josef Highway, Westland, New Zealand

Price: Leasehold - $650,000 - GST if any

Broker: Tracey Green

Mobile: +64 22 410 8710

Email: tracey@tourismproperties.com

Priced to sell, this profitable leasehold business offers self-catered apartment-style accommodation located a short distance from the heart of Franz Josef Village. This property stands as a haven for international guests, offering an unforgettable experience in one of New Zealand’s most captivating destinations. With business performance rebounding to pre-pandemic levels, the current owners are ready to transition, creating a perfect opportunity for the next owner.

Property Highlights:

Apartment Style Accommodation:  Offering 10 one-bedroom and 8 two-bedroom apartments, Glenfern Villas provides stylish and comfortable living spaces for its guests.

Scenic Surroundings: Spread across 5225 sqm of meticulously landscaped grounds, the property offers breathtaking panoramic views of the surrounding mountains.

Fully Equipped: Each apartment features a fully functional kitchen, separate bedrooms for enhanced privacy, spacious living areas, and dedicated dining facilities, ensuring a home-away-from-home experience.

Quality Assurance: Holders of a prestigious 4.5-star Qualmark silver rating, Glenfern Villas is committed to delivering high-quality accommodation and services.

Long Lease:  Benefit from a secure long-term lease, providing stability and investment security.

Separate Staff and Owner Accommodation: Staff and owners enjoy separate accommodations, with a separate combined lease.

 Location Features:

  • Conveniently situated a short drive from Franz Josef’s town centre, providing easy access to local attractions, shops, and restaurants.
  • Proximity to popular destinations such as Lake Mapourika and Fox Glacier.
  • Only an hour and 30 minutes to Hokitika for flight connections/rental cars , or two hours 15 minues to Greymouth for train connections/rental cars.

The current owners are eager to embark on a new chapter, offering a golden opportunity for the right individual. Competitively priced, Glenfern Villas presents an attractive prospect for those entering or expanding their presence in the tourism sector.

Seize the chance to own a piece of Franz Josef’s vibrant tourism landscape. Contact us today to schedule a viewing and explore the immense potential of Glenfern Villas.

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Tracey Green on +64 22 410 8710 or email tracey@tourismproperties.com

 

Confidential Documents

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70231 | Confidential-Glenfern Lease 13 December 2019

70231 | Confidential-Valuation July 2019 - GPL

70231-Confidential-Title

Property Details

Property Type

Leasehold Business
Other Accommodation

Sale Type

Business only

Region

West Coast

Physical Address

2761 Franz Josef Highway, Westland, New Zealand

Price

Leasehold - $650,000 - GST if any

Contact Agents

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Tracey Green

Tourism, Hospitality & Leisure Business Broker
Kaikoura, Marlborough, Tasman, Nelson & the West Coast
International: +64 22 410 8710
NZ Mobile: 022 410 8710

Email: tracey@tourismproperties.com

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