0800 263 339

Motel Lease Plus Home Equals Lifestyle

Central Otago
Reference: OS229
Motel / Motor Lodge
Business Lease Offers Over $399,000

An opportunity to purchase a well-established and well run profitable motel lease has now become available. Located in the beautiful Central Otago town of Alexandra.

Alexandra Motor Lodge. Lifestyle choices are varied. You can choose to run the motel yourselves on a day-to-day basis. Ideally suited to a working owner/couple, who want to have the best of both worlds - work in the morning, then walk or go biking or fishing in the afternoon.

Maybe supplement your financial interests with a second income as currently enjoyed by the current lessee. The 200 strawberry plants plus an orchard and wine tours business require more time now away from the motel, so reluctantly they have decided to sell the business and head to their small farm.

A 9 unit complex consisting of various configurations of studios and two-bedroom apartments, supported strongly from regular corporate clients, families and people strolling in off the main street.

The business is currently doing well and is quite profitable. Covid has hardly affected the operation. There are only positive upswings to be had in the future with this business, so a great idea to get in now at a price less than most houses.

Here is your opportunity to buy your home and income, learn the ropes and be ready for the tourism influx when our borders open. Owners' residence is a 3-bedroom private home of two stories. Reception is attached for easy and convenient running of the business.

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 Business Lease of this Motel for sale in Alexandra via our website or by phoning DEREK JOHNSON on 0800 263339, DDI 03 927 4277 or 027 240 1285.
Enquire Now

Login or register to watch this listing for updates.

PDF

Login or register to download the information memorandum for this listing.

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.

Back to Top