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Fairway Lodge Motel - Leasehold Business

Location  New Zealand
Asking Price Range  $500K - $1.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1980
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Description  Fairway Lodge Motel for sale in Wanaka - Top tourist destination is ideally located at the entrance to the township of Wanaka. The property consists of two forms of accommodation. Management Rights - There are 6 Two Bedroom two level Apartments. A Single Studio Unit allows for one of the Apartments to have the flexibility of a third bedroom. The spacious apartments have two bedrooms, two bathrooms with full kitchen, dishwasher, washing machine, clothes dryer, DVD, television and stereo. Each unit can sleep up to 6 persons, or if two units are combined through an adjoining door they can accommodate up to 8 persons. The revenue generated from these apartments is aportioned between the apartment owners and the Motel Leaseholders. Motel Units - There are 17 Motel Units in this complex in addition to the Two Bedroom Apartments. 14 Motel Studio Units - The self-contained motel studio units have a separate kitchen and en suite bathroom, and can sleep up to 4 persons. The ground floor studios open onto the garden. 1 Disabled Access Motel Unit - A motel unit suited for wheelchair access, has a spacious self contained kitchen and can sleep up to 6 persons in two bedrooms. 1 Spa Motel Unit - The spa unit comes with a two person spa bath, with separate shower and a spacious self contained kitchen. 1 One Bedroom Motel Unit - Separate Bedroom , Lounge/Dining Area, Bathroom and Kitchen. Other facilities include - Large (10 metre) in-ground swimming pool. Children's play area. Covered guest barbeque facilities. Plenty of secure, off-street parking. Buses, trucks and boats are welcome. Adjacent to Wanaka Golf Course. Ski and snowboard storage and drying rooms. Guest laundry. Car wash facilities. SKY Television. Sale Price NZD950,000. To enquire further about this Leasehold Business opportunity please email or call Tourism & Hospitality Business Broker, Ian Paterson on 0064 3 409 0093.
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