Radfords on the Lake for sale through Bayleys New Zealand agents Allister Simpson and Wayne Keene.
Radfords on the Lake has been listed for sale through Bayleys New Zealand agents Allister Simpson and Wayne Keene, presenting a prestigious investment opportunity in one of New Zealand's most cherished tourist towns located in the Southern Lakes region.
Recognised as a 2024 award-winning accommodation business, this property showcases exceptional performance as a Free Hold Going Concern (FHGC), with an asking price of NZ$9,900,990 + GST (if any).
The motel features 14 luxurious apartments, each offering breathtaking views of the sparkling lake and the majestic Fiordland mountains.
Designed to maximise sunshine and serenity, these well-maintained accommodations include studio apartments and 1-2 bedroom options, complete with kitchenettes and quality furnishings.
Guests can unwind in meticulously landscaped gardens, enjoying a private BBQ area and stunning sunsets while soaking in picturesque lake vistas from their own apartments.
Radfords on the Lake redefines premium accommodation, catering to discerning travellers seeking opulent apartments just a short three-minute stroll from the vibrant Te Anau town centre.
Visitors can easily access the local information centre and embark on unforgettable excursions, including the renowned glowworm caves.
This idyllic location serves as the gateway to the breathtaking Milford and Doubtful Sounds, as well as the famous Great Walks within the expansive Fiordland National Park.
With its prime location and outstanding service, Radfords on the Lake represents a remarkable investment opportunity in the competitive hospitality sector.
Mr Simpson highlighted the property's accolades, stating, “It’s a 2024 award-winning Boutique Motel. An exceptionally well-performing FHGC accommodation business proudly positioned lakefront in one of New Zealand's longest established tourist towns in the Southern Lakes."
Mr Simpson added, “The asset is a consistently highly rated Te Anau accommodation provider based on reviews from booking.com & Trip Advisor. It is maintained to a very high standard with quality furnishings throughout the studio and 1 or 2-bedroom apartments.”
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