Freehold Hotel Motel Investment

$2,500,000Central North Island AreaListing: #EL00625


Central North Island Area  


$2,500,000


Accommodation/Tourism
Refer to Broker


About this business for sale

Freehold Hotel Motel Investment

This substantial opportunity in Mt Ruapehu’s après ski town offers a yield of approximately 11%, plus the opportunity to take back the business on conclusion of the lease.

Position, location, presence, - ‘The Junction’ is the happening area in Ohakune.

Turoa ski lodge, bar, restaurant & accommodation has a long term anchor tenant; a key player in the regions business. This complex offers an extensive bar and restaurant, commercial kitchen and a range of accommodation options from multi share to self contained apartments.

This is a one time opportunity to purchase the Freehold and with a ‘make good’ on exit in approx 5 years. A new owner will have the opportunity to take over the complex and business, or consider extending or on-selling the lease to new operators.

Ohakune is experiencing growth through regional development and is considered the ski region for the North Island, as well as offering extensive Cycleways for all year activity. 

Property features

  • Average yield over remaining lease tenure approx 11.00% plus
  • Current lease term until May 2022
  • Experienced lessees (two) major contributors to the regions economy & employment
  • Four extensive hotel, motel and apartment complexes on separate titles
  • 43 accommodation rooms, from multi share budget conscious to superb self contained apartments
  • Extensive bar and restaurant area
  • Cash flow yourself into the future F&B/accommodation option in the heart of The Junction.

Reference: EL00625

Auckland - Ellerslie
lindsay.sandes@linkbusiness.co.nz
+64 9 555 6003
+64 21 895 940

Lindsay Sandes

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.