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Property Ref: 29246

Fantastic Cromwell Motel Business For Sale in Central Otago

Property Type: Motels

Sale Type: Leasehold Interest (Business)

Region: Central Otago

Physical Address: Cromwell Motel Business For Sale

Price: LEASEHOLD INTEREST MOTEL BUSINESS FOR SALE $675,000 +GST (if any)

Broker: Adrian Chisholm

Mobile: +64 21 727 888

Email: adrian@tourismproperties.com

Great Motel Business in the Heart of Central Otago

One of Central Otago’s best 12-unit leasehold motel businesses, with 44 years left on the lease if all renewals are taken up, is for sale. We are delighted to bring Anderson Park Motel to the market, get in touch if you’d like to arrange a viewing of this perfectly presented, easy to run, motel business in Central Otago.

The property is situated in spacious and landscaped grounds with mature trees and plantings. There is great parking and access driveways to all units.

This centrally located motel in Cromwell features 12 units and an awesome business owner/manager’s home, comprising 2 large bedrooms, large lounge, dining and kitchen, plus a fully private backyard, including courtyard, spa, covered entertaining area and established flower and vegetable gardens. There is also a substantial two car garage, with plenty of additional storage, as well as an additional car space. The office has direct access from the lounge.

FEATURES:

  • Accommodating 40 guests across 12 units
  • All units are ground floor units
  • The only pet friendly motel in the area
  • 1 x 2 Bedroom unit
  • 9 x 1 bedroom units
  • 2 x Studios
  • Guest Laundry
  • Motel Laundry
  • Substantial storage areas available
  • Children’s playground facilities
  • Outdoor BBQ area & facilities
  • Ample off-street car-parking

The motel units were built in 1972, and the manager’s residence was built in 1995. The current owner has updated and replaced many chattels in the motel complex (see chattels list in documents section). Since June 2016, new beds, nets, curtains in all units have be purchased, and there’s new carpet and vinyl in all units, plus a new gas hot water system, water softening equipment, new playground equipment, plus a new BBQ, and generally all units totally upgraded. The guest laundry features a washing machine and drier, with the business working laundry featuring a Maytag washing machine and a Maytag gas dryer. The entire complex exterior was freshly painted in March this year (2020), making it one of the easiest and most ‘move-in-ready’ motel businesses, with little to no maintenance for the new business owner.

The business enjoys over 55% direct bookings and there are great forward bookings in the reservation system for the months ahead, with the bookings being predominantly commercial and returning guests (i.e. not overly reliant on international tourism market). For example, holiday periods are more often that not booked out by South Island residents, who’ve booked and stayed for the same time period for many years.

This motel is also the only pet friendly Motel in the area, with the added bonus being that the manager is able to have a family pet as well – currently Spencer enjoys being the Motel feature puppy!

If you’re ready to make the move from the busy city, to a place that revels in long warm summer days, enjoying fresh stone fruit and delicious wine, coupled with local music events and a fabulous community, with great schools, then contact Adrian to find out more about this easy to run motel business. Singles, couples or families will love all that’s on the doorstep in Cromwell. Call today.

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


Cromwell in Central Otago

Cromwell recently claimed the title of the largest town in Central Otago. It is also, technically, the newest town, after the original old town had to be moved when the Clyde Dam was built and Cromwell’s main street was flooded to create Lake Dunstan. Cromwell is located centrally between many of Central Otago’s major tourist towns, just 50km’s from Wanaka, and only 60km’s from Queenstown. Dunedin, the largest city in Otago is a scenic 3 hour drive (approximately).

Stone fruit is the jewel in the crown of Cromwell, but when you’re not devouring sweet new season fruit – including cherries! – you can get your fill of activities no matter what the season, as Cromwell offers a plethora of action packed activities, or smooth scenic highlights.

Take your pick from the following activities:

  • Picking fresh stone fruit right from the tree!
  • Jet boating on Kawarua river with Goldfields Jet
  • Visit the “world famous” & historic Goldfields Mining Centre
  • Countless family-friendly cycle trails
  • Highlands Motorsport Park
  • Enjoy the many award-winning local wineries
  • Boating and swimming in Lake Dunstan
  • Spectacular walking tracks
  • plus access to five local ski fields, all situated within an hour’s scenic drive from this motel!

Whatever the season, there is something to enjoy in and around Cromwell, which is why it is so popular and has many visitors returning year after year, both for business and family holidays.


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29246 | Cromwell Motel Business For Sale - Lease

29246 | Cromwell Motel Business For Sale - Trading Figures 2018 & 2019

29246 | Cromwell Motel Business For Sale - Room Type & Configuration

29246 | Cromwell Motel Business For Sale - Motel Layout

29246 | Cromwell Motel Business For Sale - Managers Residence & Office Layout

29246 | Cromwell Motel Business For Sale - Reservation Report

29246 | Cromwell Motel Business For Sale - Cancelled Bookings 24 March to 31 July 2020

29246 | Cromwell Motel Business For Sale - Chattels List

SUMMARY

Website

Total Reviews

Average Rating

Trip Advisor. com

53

4.5 stars

Booking. com

338

9 / 10

Google. com

98

4.3 stars

Trip Advisor. com

Motell in Cromwell Central Otago NZ ★★★★★

Hi all have just spent three nights at Anderson Park Motel Cromwell – what a neat place , very close to all amenities and facilities expertly explained by the Manager Geoff Walton. Can highly recommend

Great night stay ★★★★

My partner and I had a mid winter Xmas party to attend and our friend recommended this place to us. The rooms have been nicely refurbished and are clean and warm. Would definitely stay here again! Thanks

recommend ★★★★★

overnight stay , very clean airy unit . nice clean bathroom with shower . microwave and portable hotplate. comfortable bed parking outside unit . would definately stay here again and recommend for others . all sky channels

Clean and quiet motel ★★★★★

Comfy and clean room, nice place, 50+ channels on satellite tv, fast and free WiFi, excellent price! We stayed for ten days. Great place for family holiday! Manager is very friendly and nice person. We’ll be back next summer.

A great place to stay ★★★★★

We enjoyed 6 nights here over Easter. A nice quiet area. We had a lovely, generous-sized studio unit at the end of a block which we really enjoyed. Very nicely appointed and comfortable bed. Easy walking to The Old Town and an ideal base for travelling to Wanaka, Queenstown, Arrowtown, Alexandra etc. We would happily return and would recommend.


Booking. com

Weather was cold, Anderson park motel was not. Fantastic. I’m staying next week as well! 10/10

The proprietor put the heater on, as we were late getting in. All staff were friendly and approachable. Nothing was a problem.

Exceptional 10/10

Clean n tidy. Very friendly staff.

Was excellent will stay again 10/10

Location was great close to most supermarkets and close to my family. They left chocolate in our room in a sweet little bag was such a nice touch.

Very nice place to stay. Lovely facilities! The owner and his dog were very welcoming! 10/10

[no comments available]


Google. com

5/5 | When we got here lady was helpful and took us to our motel room. even thou we hadn’t booked in yet. Smelt clean , was clean and was very tidy. Once we aventurly booked in . Mad at reception was very helpful. They have lots of information about cromwell and places to eat and things to do. tidy grounds and exceptional service. Would definitely come and stay again . Also tell others about it.

5/5 | Welcoming staff, comfy modern rooms. Quiet and good location 👍

5/5 | [no comments]

5/5 | Friendly owner, chocolates were a nice touch. We appreciated being able to bring our dog. Motel unit clean and quiet. We had a very enjoyable stay. Thank you

5/5 | Hubby & I stayed planned to stay here for 2 nights, back in February 2020. We ended up staying 4 nights (nearing the end of our 3 week trip to the S.I). Absolutely fabulous location, as we did day trips using Cromwell as our base. Oue room was delighful, super staff, with lovely grounds. Used the free shuttle to & from the local Club overlooking Lake Dunstan & great meals served too. A must visit destination, with the Old Cromwell Town worth visiting & many surrounding areas. A beautiful town, scenery, cafes, restaurants & people. Can’t wait to go back here again.

Source: Online review platforms.

Property Details

Property Type

Motels

Sale Type

Leasehold Interest (Business)

Region

Central Otago

Physical Address

Cromwell Motel Business For Sale

Price

LEASEHOLD INTEREST MOTEL BUSINESS FOR SALE $675,000 +GST (if any)

Contact Agents

Business Broker Adrian Chisholm

Adrian Chisholm

PRINCIPAL | Tourism, Hospitality & Leisure Business Broker
Head Office | Otago & Southland
International: +64 21 727 888
NZ Mobile: 021 727 888

Email: adrian@tourismproperties.com

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