197 Main Street, Methven, Ashburton

This well-established motel complex features 11 units, with 8 units and the owner's accommodation completed in 2005.A secure 35-year lease commenced in February 2006 and has recently been extended through to 2050, offering long-term stability and peace of mind for incoming operators.The property offers a range of accommodation options, from studio units to spacious three-bedroom units. All are well-presented and fully equipped with modern amenities, including double glazing and heat pumps, ensuring year-round comfort for guests.Methven is renowned for its strong winter demand, with the ski season consistently delivering near-full occupancy. In addition, the popular hot pools complex - operating successfully for the past three years - has transformed the town into a true year-round destination, significantly boosting visitor numbers and benefiting local businesses.This is an excellent opportunity to secure a proven accommodation business in a thriving tourism location.An Information Memorandum is available to download from our website coffeys.co.nz.Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.We welcome your enquiry via this website or direct to ANTHONY DAWSON.