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Property Ref: 44590

Suites/Motel, Freehold Hold Going Concern in Horopito, National park, Ruapehu Belt

Property Type: Motels, Lodges

Sale Type: Freehold Going Concern

Region: Central Plateau

Physical Address: 27 Hutiwai Road, Horopito, Raetihi 4696, National Park, Part of the Ruapehu Belt

Price: LAND BUILDINGS & BUSINESS FOR SALE $1,879,000 +GST (if Any)

Broker: Kamal Sharma

Mobile: +64 22 0515 782

Email: kamal@tourismproperties.com

Luxury Lodge in a Strategic Location For Sale

Call it an immaculate home and income, that makes this contemporary décor Suites/ Motel a perfect combo, and offers a great lifestyle too!

Tongariro Suites is a 10-minute drive from Ohakune town center which has a supermarket, and a range of cafes and restaurants. The property is located 35 minutes drive from the Tongariro Crossing, Turoa, and Whakapapa skifields. Waimarino Golf Club is a 15-minute drive away.

Each room features contemporary décor, a refrigerator, a microwave, a flat-screen TV, and tea/coffee making facilities.

Located on 1 hectare of land and built-up area is 460 sq meter more or less.

KEY FEATURES

  • Qualmark 5-star and Silver Sustainable Tourism Business Award
  • Opportunity to add few more rooms subject to council approval
  • Stylish and attractive building
  • Arguably one of the finest motels in the National Park area
  • Built over one level, with established gardens and landscaping
  • 4 modern suites
  • Only a 7-year-old building and business built in 2014
  • Plus a modern and spacious 2 bedroom owners accommodation
  • One of the highest-rated properties in the Ruapehu area
  • Separate guest lounge with log fire to relax and deck area for the BBQ and Hot Tub

This 4 unit (Suites) accommodation complex enjoys an exceptionally high-end clientele situated on the SH4. The owner’s posh 2-bedroom accommodation consists of 2 bathrooms, 2 toilets and also features a separate 2 car parking garage and workshop. The second bedroom can easily be used to generate additional revenue through Air BNB as it has a separate private entrance and car parking.

The owner’s accommodation is a private haven within the main building and has a spacious kitchen and big lounge with fireplace and glorious Mt Ruapehu mountain views.

The property overlooks a big man-made pond with a rock feature and native landscaped gardens.

Architecturally designed building and has a 5KW/20 panel solar system.

Each unit comes with its own kitchenette, large king size bed, lounge and dining area and bathroom to die for.

Three of the suites have a freestanding bathtub and separate tiled shower and an ideal spot for couples looking for an escape from the hustle and bustle of city life.

The property could be used for small business retreats, Yoga/meditation retreats, and small wedding venues. New business avenues are not currently explored by the current owners.

There is a separate office in the reception area.

Please note last year the business was closed for 25 weeks and the previous year for 16 weeks due to ill-health .

REGIONAL FEATURES & INFORMATION

What brings customers to this quiet area?

  • Tongariro Alpine Crossing
  • The Tongariro Alpine Crossing is heralded as the best one-day trek in New Zealand and is regarded as among the top ten single-day treks in the world

Trek across a volcanic landscape of dramatic landscapes

Mount Ruapehu

Mt Ruapehu is located in the Central Plateau of NZ’s North Island in the UNESCO dual-World-Heritage Tongariro National Park, listed for its cultural and geological significance. Along with having the Whanganui National Park nearby, this area is one of New Zealand’s premium outdoor destinations.

Don’t pass up on this opportunity to secure this lifestyle block with a steady income and consistent performer, but still with potential for growth.

The current owners are wishing to take it easy now and run the property as a lifestyle business and not maximizing the full revenue potential as they are preparing for retirement.

Prior to covid, they had a huge international market between October and April generated by an extensive network of international travel agencies.  Once the borders reopen, the property already has forward bookings for the 2022/2023 summer season in place. The domestic market has supported the property well. The current owner wishes to sell due to ill-health and wishes to retire.

Any new and more active operators can achieve immediate revenue gain by opening up more availability.

This is a superb Motel Business opportunity that is hard to beat, register now and then call me to arrange your viewing – tomorrow!

I am also selling the award winning Nightsky Cottage with the same owners. Please CLICK HERE for the details.

Opportunity to buy both – optional! – For $ 2,629,000 plus GST (If any)

For more details please contact specialist Accommodation Business Broker, Kamal Sharma, on 022 0515 782 or email kamal@tourismproperties.com.


 

 

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Financials 2019,2020 and 2021

Valuation Report Dec 2017

Code of Compliance

Floor Plan

Property Details

Property Type

Motels
Lodges

Sale Type

Freehold Going Concern

Region

Central Plateau

Physical Address

27 Hutiwai Road, Horopito, Raetihi 4696, National Park, Part of the Ruapehu Belt

Price

LAND BUILDINGS & BUSINESS FOR SALE $1,879,000 +GST (if Any)

Contact Agents

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Kamal Sharma

Tourism, Hospitality & Leisure Business Broker
Whole of the North Island
International: +64 22 0515 782
NZ Mobile: 022 0515 782

Email: kamal@tourismproperties.com

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