Otira Hotel And / Or Village For Sale
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 1900
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description Here's your chance to be Boss Hog and own the whole town!
What a great opportunity here, Let your imagination go wild
Approximately 20 Hectare, Lease Hold Land, owned by New Zealand Rail and the rent is just 10 cents a year, first right of refusal and one of the best lease agreements I have seen
Back on the market due to time wasters, the sale may now include most of the town's chattels, including many houses and buildings which are mostly rented out and the town has a all year round population of around 40 residents.
The bulk of this town could be yours for offers over $1 Million. With income from the houses, pub and cafe this could mean a great return on your investment.
The Hotel for sale consists of:
-Large Bar and Restaurant Area
-Separate Cafe/ Store
-Large Kitchen
-Office/ Amenities etc
-10 Guest Bedrooms
-Guest Lounge upstairs
-2 Bathroom Areas upstairs
There is a large opportunity to increase the Cafe operation and attract travellers before they go over the pass heading to Canterbury and I use the Arthurs Pass Cafes as an example of what may be achieved.-
With the great hunting and fishing and outdoor lifestyle, this could be the centre of a great eco tourism venture.
If you're looking for a great lifestyle opportunities with a great future, then email or call me today, your Specialist Hospitality Business Broker, Kevin Johnson, 0800 HospoBroker
Click Here To Contact Seller
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