This is a rare opportunity to buy a motel business lease in the sought after tourist town of Wanaka.

Alpine Motel is located on a highly visible corner on the main thoroughfare entering central Wanaka. It is just a short stroll to Wanaka town centre and the stunning lakefront. Alpine Motel offers guests a wide variety of accommodation options with plenty of off-street parking.

Reasons to buy: 

• Continuing growth in average room rate**
• Strong sales growth trends**
• 19 spacious units
• 92% annual occupancy**
• Located in the heart of Wanaka?
• Excellent reviews from third party booking sites (Trip Advisor, Booking.com etc)

** Pre-Covid 19

Alpine Motel offers 19 spacious units, comprising of studio units as well as one and two-bedroom apartments. All studios have kitchenettes and the apartments have full kitchens. Shared guest facilities include a laundry, 16 heated lockable ski lockers, an outdoor BBQ area surrounded by lovely gardens and a children's playground.

The manager's accommodation is a 2 bedroom apartment connected to the reception. It comprises an open plan kitchen and lounge with log burner and a heat pump. There is also a day room behind reception that could be used as a third bedroom.

Repairs and maintenance in the last few years has involved extensive upgrades with new bathrooms installed in 5 of the largest rooms and 4 completely refurbished Superior Studios. All units were installed with heat-pumps for efficient heating in winter and air conditioning in summer. Gas hot water has been installed into all the rooms. 

Tourism in Wanaka is now all year round with the traditional quiet shoulder season a thing of the past which makes for positive cash flow all year round! 

Plus GST (if any).

To find out more, go to linkbusiness.co.nz/CS00239 and press the “Enquire Now” button to complete an online confidentiality agreement.

Jono Jarvis, 021 177 9760, jono.jarvis@linkbusiness.co.nz

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

 #accommodation #motel #queenstown