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Haast, Heartland Hotel

For Sale: Heartland World Heritage Hotel Haast

$7,500,000 Plus GST (if any)

Listing Number: QT5749
About this listing
Be part of West Coast Tourism Growth

- Established, high returning hotel on the West Coast
- 54 rooms on 3.21 hectares of freehold land
- Recent public area refurbishment
- Potential for expansion using surplus land area
- Very attractive returns with G.O.P (before management fees) returning over 15% on the asking price for the year ended June 2017.
- Excellent investment property

Take advantage of New Zealand's booming tourism market to own an established and high returning hotel property on the West Coast. This property is offered as a freehold going concern for $7,500,000 + GST (if any) + SAV with a management contract in place with Scenic Hotel Group. Continue the current management agreement as a passive investment or take over the management as an owner/operator. This property is forecasting solid increases in profitability from increased revenue in accommodation and food and beverage.

Situated on a well-established South Island tourism route, currently enjoying strong growth in tourism this is a rare opportunity to purchase an established hotel on the West Coast of New Zealand.

Call now to discuss this opportunity.
Property Information
  • Property Type: Tourism / Motel / Hotel

Contact Details

Queenstown

Highland Real Estate Group Ltd

Licensed REAA 2008

39 Shotover Street
Queenstown
Office website

Property Location

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