Lake Tekapo Village Motel, State Highway Lake Tekapo

Property ID:61BH5T

Property Snapshot

Superbly Situated Motel & Backpackers: Lake Tekapo

Lake Tekapo Village Motel, State Highway Lake Tekapo

Property Snapshot

Enviably situated alongside the increasingly busy Starlight Highway (SH8), in the ever expanding hub of Lake Tekapo, this well-established & flourishing motel and backpacker accommodation is perfectly located to capitalise on the Lake Tekapo tourism boom. As a destination in its own right and located on the popular Christchurch to Queenstown scenic route, Lake Tekapo is an established year round tourism destination with an ever-increasing number of visitors.

On offer are the leasehold and operational assets for the existing motel and backpacker accommodation which have achieved consistent growth & continue to benefit from the increase in demand for tourist and worker accommodation in the Mackenzie region. Comprising 19 motel units, backpacker accommodation which is a mix of dorm & private room options and including shared kitchen & dining / lounge facilities, on-site management accommodation, guest laundry and private car parking.

With the current management having invested in IT systems, website development, people, revenue and booking optimisation initiatives plus considerable improvements to the physical facilities, the business continues to capitalise on the growth in the region. With a long-term lease secured, this offering represents a unique opportunity to further develop a significant accommodation provider in a key accommodation centre in the Mackenzie region which has achieved a CAGR of 11.2% in guest nights booked between 2013 and 2018.

To obtain further information, contact local sales agent Steve Howes on 021 801 216.

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0800 447 060

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