Seize the opportunity to add this diverse accommodation offering to your portfolio. The complex boasts an enviable four-year weighted average return of circa $385,000, with 2023 is looking to return circa $600,000 derived from a hybrid of income streams. This profitable accommodation complex presents as having consistently high levels of income, and minimised exposure to seasonal highs and lows under its current operating model.
Set in a picturesque location with awe-inspiring views of Mount Ruapehu, this property is ideally positioned in close proximity to local schools and amenities. A unique self-contained chalet layout offers traditional accommodation complemented by ski, board and clothing hire for guests, while also serving the community as a registered provider of emergency housing. The latter has proven to be essential to a region where long term rentals are few and far between.
The property has extensive improvements across the large landholding which include four single-bedroom motel units, six two-bedroom chalets, a two-bedroom manager's house with office and garage, as well as four five-bedroom chalets for larger groups. All the units are fully furnished and fitted with kitchen and bathroom facilities and drying rooms. Other complex facilities include a fully equipped laundry, a guest laundry and larger drying room, a stocked ski rental shed, a barbecue area with equipment, and a sauna.
This opportunity is being offered as an extremely profitable freehold going concern, savvy investors will be sure to realize the earning potential of this bankable opportunity.
For a 3D tour of the other units please copy the below URLs into your browser.
1 Bedroom Unit https://my.matterport.com/show/?m=cUv2YwHKhgr
2 Bedroom Unit https://my.matterport.com/show/?m=6om3XauVRzA
5 Bedroom Unit https://my.matterport.com/show/?m=8A8gNBLz8cm
Manager’s Unit https://my.matterport.com/show/?m=WT7nsKBJdt2