16 Units. Beautiful Spot. FHGC. Vendor Finance

Westland
Reference: WC295
Motel / Motor Lodge
Land, Buildings and Business $1.6 million

Vendor Finance. Various options have been discussed. Indications from the Vendors is that a minimum $800,000 is required upon purchase and the balance $800,000 will have terms that can have some flexibility for the purchaser and vendor to agree on. Please note that the purchaser will have to have vendor approval first.

With a reasonably large complex of 16 units this could sustain a manager if you wish to invest in the motel industry and yet not be too daunting to operate yourself and enjoy the beauty of the West Coast.

Owners' residence looks out over 8,039 sqm (more or less), backing up to the Heritage Park's bush and has stunning expansive rolling lawns.

The complex has 13 studio and 3 family units. Commercial grade laundry equipment (washer and dryer) investment on site helps reduce operating costs.

All units enjoy the benefit of being ground floor and stunning views wherever you wish to park up the sun chairs.

At the rear of the complex a sizeable area is available for further development but could easily be fully utilised as caravan and campervan income an extension to the business. (Please note that we have not enquired with the local authorities in regard to consenting matters.)

The motel is situated in a spectacular setting in a quiet location, easily accessible yet back from the main highway. A restaurant, supermarket, cafe, and tavern are all within 100 metres.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land, Buildings and Business of this Lodge for sale in Haast via our website or by phoning DEREK JOHNSON on 0800 263339, DDI 03 927 4277 or 027 240 1285.

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Derek Johnson

Derek joined Coffeys in April 2021. He decided to step up to the plate and help other moteliers & accommodation business operators buy or sell their properties after the challenging year of COVID 19.

Derek brings with him over 18 years’ experience in the hospitality and tourism industry. Managing and owning businesses has been particularly important to him. He owned and operated a large rural hotel for 10 years prior to leasing a successful & highly profitable 19 unit motel in Wanaka (pre-Covid) with his wife Crystal. They have done extensive work on upgrading & modernising the interiors. Also, a lot of effort has gone into landscaping & improving/upgrading outdoor facilities such as the playground. He is very fond of his roses found throughout the property.

His role as the local publican gave him a variety of experiences with the public and within the community, such as sponsorship for all the main local sports teams. Derek loves to chat to people.

SO YES. Derek knows how to market your property and importantly, he also understands how you run your business. Let him help you get the result that you want. Derek says he chose to come to Coffeys as he believes in the brand and their ethics.

Travelling regularly from Wanaka to Dunedin to see his daughter, filling his time in there with projects around the holiday home – although he is not too sure when the ‘holiday’ part starts. His interests are hiking and sports – any kind! Rugby and cricket (which he loved to play), being his favourites. Family time is most important to him.