Imagine owning a piece of paradise in the heart of Central Otago at the Highlands Motor Sport Park generating income as well. This property is showing steadily growing returns. Welcome to the opportunity of a lifetime - a chance to invest in this 32-bed facility which is more than just a property; it's a gateway to unforgettable experiences. Cromwell is the heart of Central Otago and surrounded by wineries, golf courses, ski fields and lakes.
As the new owner, you can reside in the managers flat which has tastefully been done, including master bedroom with 2 w.i.w, spacious kitchen dining living with a walk in pantry and office nook. A spacious family bathroom and well appointed separate office to meet your guests. The managers flat has its own private barbque area.
With the mix 3 x six-bed and 3 x four-bed rooms (no bunk beds), designed for the utmost comfort. Also on offer is a queen ensuited bedroom. The welcoming communal living room, kitchen dinning area is plenty large enough to accommodate guests complete with a large TV and DVD player for guest entertainment, ensuring happy customers and repeat business.
. Step outside onto the balconies at either end of the complex, and you'll grasp the unique selling point - the breathtaking views of the surrounding hills.
Your guests will enjoy a private BBQ area in the rear of the property, offering an extra touch of comfort and a reason to keep coming back. With groups such as car rallies, touring groups, sports teams, wedding guests, conference attendees, and more, your investment will be a constant hub of activity and revenue.
With decks on both the north and south sides, minimal maintenance requirements, and construction completed in 2018, this property is a sound investment for the future.
Seize this rare opportunity to invest in the thriving Central Otago hospitality market.
Get in touch today to explore the potential of this exceptional investment. Your future as a successful property owner in Cromwell
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.47 km | 3 | 221m2 | Year 2024 Month 04 Day 12 | $1,025,000 | Council approved | |||
0.10 km | 3 | 150m2 | Year 2024 Month 04 Day 08 | $920,000 | Council approved | |||
 | 0.10 km | 3 | 2 | 160m2 | Year 2024 Month 03 Day 20 | $921,000 | Council approved | |
0.61 km | 4 | 254m2 | Year 2024 Month 03 Day 15 | $1,410,000 | Council approved | |||
0.13 km | 3 | 172m2 | Year 2024 Month 03 Day 15 | $1,010,000 | Council approved |