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Property Ref: 30731

Village Lake Apartments Management Rights

Property Type: Management Rights

Sale Type: Management Rights

Region: Canterbury

Physical Address: 1 Rutherford Crescent, Hanmer Springs 7334

Price: Management Right and Manager Unit, asking 1,180,000 + GST(if any)

Broker: Dilan De Silva

Mobile: +64 27 444 9692

Email: dilan@tourismproperties.com

Village Lake Apartments – Management Rights For Sale

This is one of the best apartment motel complexes in Hanmer Springs and a favourite for both regional and international tourists. Even after the lockdown and border closures, this business is tacking as good as the previous years.

KEY FEATURES

  • This is a one of a kind opportunity to own the management rights of this very lucrative and stylish apartment complex
  • Includes a freehold two-bedroom, two-bathroom manager’s unit
  • Tidy complex and a very supportive body corporate
  • 13 Apartments – 9 two-bedroom units @ 96 sqm and 4 three-bedroom units @ 116 sqm
  • Just a short walk to the Hanmer Town Center
  • Structured and individually registered apartment leases which will always be in the rental pool
  • Great client base of repeat business
  • A great number of forward bookings
  • A history of strong financial performance
  • Five Star Qualmark and Enviro Gold

This is one of the complexes in Hanmer Springs where numbers stack up, and one should take advantage of this rare opportunity.

In the area: Hanmer Springs is a resort town in the Canterbury region of New Zealand’s South Island. It’s known for its Thermal Pools and Spa, with its mineral waters. The surrounding mountains are home to trails and seasonal ski slopes. The nearby Conical Hill and Heritage Forest has a trail winding to a lookout point. To the south, rugged Waiau Gorge is known for its Whitewater rapids and abundant salmon and trout. The area offers many other activities in addition to the thermal pools such as lama walks, shooting, fishing, cycling, golf, jet boating, four-wheel driving, etc. Hanmer Springs is also a mountain bikers’ backyard.

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Dilan De Silva, on 027 444 9692 or email dilan@tourismproperties.com.


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30731 | Village Lake Apartments | Financials 19-20

Property Details

Property Type

Management Rights

Sale Type

Management Rights

Region

Canterbury

Physical Address

1 Rutherford Crescent, Hanmer Springs 7334

Price

Management Right and Manager Unit, asking 1,180,000 + GST(if any)

Contact Agents

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Dilan De Silva

Tourism, Hospitality & Leisure Business Broker
Canterbury, Marlborough, Tasman & West Coast
International: +64 27 444 9692
NZ Mobile: 027 444 9692

Email: dilan@tourismproperties.com

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