A rare opportunity to acquire one of New Zealand’s most established and highly regarded luxury full-service resorts.
A rare opportunity to acquire one of New Zealand’s most established and highly regarded luxury full-service resorts.
This property has all the right ingredients to ensure a successful operation and guest satisfaction at the top end of this specialised market.
Key features of this offering include:
This facility has it all plus a very strong bottom-line profit, says Gordon McGregor. You can expect to get an initial net return (after all costs but before management allowance) of around 12% on your investment outlay based on current performance and there is expected growth from pre-committed increased tariffs impacting on the performance for this season.
The owner is already in the planning stage for some strategic room alterations that will further positively impact the yield for the following 2024 -25 season.
The intention is to sell this iconic property “off market” and Bayleys has been appointed and instructed to seek expressions of interest from qualified buyers who will appreciate the inherent advantages of such an acquisition.
There is no set asking price but as a guide the vendor has a very recent registered valuation from CBRE at NZ$14 million.
If you are interested in securing one of the most respected and best performing full service properties in New Zealand please contact Gordon McGregor of Bayleys via the contact form below.
Image supplied by Bayleys.