Substantial Accommodation Complex with Outstanding Potential
Chateau Franz presents a rare opportunity to secure a well-positioned, large-scale backpacker and motel complex on the West Coast, offered with Freehold land and Buildings.
This substantial property provides the ideal foundation to re-establish a thriving accommodation business, with significant scope to enhance, reposition, and grow.
Whether you are new to the industry or an experienced operator, the options to revitalise the existing operation or explore new accommodation concepts are extensive.
With its scale, diverse room mix, strategic location, and underlying potential, Chateau Franz stands out as a unique investment opportunity with multiple avenues for value-add and future development.
Key Highlights:
Rare offering to market
Large-scale accommodation complex with many flexible usage options
Building area: 1,166 sqm (Motel, Hostel, Ski Lodge, Stables)
Land area: 2,240 sqm
Capital Value $1,950,000
Favourable valuation (for reference purposes only)
Property being sold vacant possession, ready for immediate takeover
Prominent location
Strong summer trading history with high occupancy
Limited local competition, with reduced backpacker capacity in the area
A proven budget accommodation model, catering to an always in-demand market segment
Ideal bolt-on to an existing operation or portfolio
Affordable entry point into the South Island tourism sector
Potential to establish and sell down a new lease in the future
With a genuine vendor retiring from the industry and pricing set to meet the market, this represents a compelling land, buildings, and business opportunity not to be missed. Purchase an established accommodation asset at a fraction of replacement cost and at a highly attractive price point.
