Hero Image

Lake Tekapo, 2 Lake Tekapo Drive

Blue Chip Tekapo Investment Opportunity

$920,000 Plus GST (if any)

Listing Number: CIC49596
About this listing
This exceptional 5 Star hotel development on the lake shore of the Lake Tekapo is a rare opportunity and first of its kind in this part of the world.
The developer has acquired the land and consent to construct what will be a world class hotel in the Tekapo township on the waterfront, giving guests the most magical view over the lake and across to the forever changing landscape to the alps.

Featuring 220 rooms, the consented 5 star hotel is due for completion circa mid 2020 and the developer is seeking out expressions of interest from investors looking to purchase the hotel as a completed turn-key product. The hotel will be a state of the art development with all of the modern conveniences you'd expect of a high calibre hotel.
Every room is 35m2 with a 5m2 balcony or yard. So each dual key unit is 70m2 with 10m2 of balcony or yard.

PURCHASERS BENEFITS
Investors have the option of purchasing one or multiple rooms, or syndicates may wish to invest on a larger scale.
10 year lease + 10 year renewal and a rental guarantee of a 6% p.a net return paid quarterly
Bi-annual rent reviews to CPI
7 Days Free Stay p.a - Terms and conditions apply.

Not only is Tekapo the centre of some stunning scenery throughout the MacKenzie Basin through to the Southern Alps, it is world renowned for its UNESCO International Dark Sky Reserve, the only one in the southern hemisphere and 1 of only 8 in the world.

Handy to NZ's highest mountain, Mt Cook, and other local attractions and activities in the region include skiing, mountain biking, boating, water skiing, fishing, hiking, hunting, scenic flights, gliding, ice skating or just relaxing at Tekapo Springs' hot pools. Tekapo is ideally situated for a stop over half way between Christchurch and Queenstown or a NZ getaway being just 3 hours from Christchurch International Airport.

This exciting hotel development is a rare opportunity to get involved and invest into one of the most exciting locations in the world and the timing could not be better with the forecast growth in tourism numbers into NZ and in particular with the shortage of accommodation in Tekapo, as proven by the lack of available rooms and houses on the existing booking platforms.

For further information about the development and this exciting investment opportunity, please contact Paul Middleditch NAI Harcourts, paul.middleditch@naiharcourts.co.nz or phone 027 276 7047 without delay and in strict confidence.

To view the IM cut and paste this link into your browser: https://tinyurl.com/tekaporesortdevelopment
Property Information
  • Tenure: Unit Title
  • Property Type: Tourism / Motel / Hotel, Tenanted Investment
  • Tenancy 1: Area Sqm: 80, Rental net/gross p.a.: 55200, Rights of Renewal: 1 of 10 years, Tenant Name: Lake Tekapo Resort, Term (years): 10 years + 10 years

Contact Details

Harcourts Christchurch City Commercial

Grenadier Real Estate Ltd

Licensed REAA 2008

98 Moorhouse Avenue
City
Christchurch

Property Location

Property Search

  • to