Rocky Mountain Chalets, Ohakune, National Park Ski Region - Management Rights For Sale

Price: $935,000 for the Rocky Mountain business and the freehold manager's chalet, reception and cleaners preparation area(valuation available). Plus the Executive Home letting business in Snowmass.

WILLING VENDOR - Move in and take advantage of fantastic sales at the tail end of the ski season

Overview

Rocky Mountain Chalets represents one of the most successful accommodation businesses in Ohakune and is regularly the first accommodation business to indicate the 'No Vacancy' sign in this vibrant town. An outstanding lifestyle management rights opportunity that includes home and income (real estate and business investment opportunity).

Take advantage of the remaining winter season with impressive forward reservations, and gear up for the Summer season as Ohakune offers Winter and Summer activities – mountain biking as seen on television re the Prime Minister's Cycle Ways, bike the 42nd traverse, walking the Old Coach Road, stay and then walk the Tongariro Crossing, fish, tramp, climb, explore – Ohakune attracts a wide section of visitors.

Configuration

42 beautifully appointed stand-alone chalets set in well laid out grounds. Each self service chalet consists of 2 or 3 bedrooms, open plan living area, bathroom, sundeck, internal and external storage lockers, drying cupboard, generous appliances and under-cover carpark. An on-site recreation hall, conference centre, sauna & spa compliment the complex.

40 units are currently in the letting pool. Add to this the very successful Executive Homes letting business situated behind Rocky Mountain in Snowmass – an executive enclave of new residential homes that are always in demand.

Owner's Accommodation

On separate title is a large two bedroom chalet that includes reception and storage. The owner's accommodation is set at the front of this landscaped complex ensuring access can be monitored.

Features

Rocky Mountain Chalets are set in the heart of the Central Plateau in the ski mecca of Ohakune township. Turoa, the closest ski field, attracts domestic and international skiers. The expansion and improvement of this area continues to attract visitors all year round.

Guests staying at Rocky Mountain Chalets also have the option of travelling 45 minutes to Whakapapa ski fields, so are really spoilt for choice. This region attracts all manner of outdoor enthusiasts, Winter and Summer. Attractions in the area include world class trout fishing, white water rafting, kayaking, tramping, mountain biking and general outdoor flora and fauna environment.

This business opportunity will appeal to purchasers with outdoor interests. The current owners have built a solid platform for future owners with established inbound tour operators, paving the way for further growth potential. In addition, the opportunity of managing new dwellings from the adjacent new executive home development at Snowmass is included in the asking price.

Management Rights 10 years with one 10 year right of renewal.

Financials

The business results are available to dedicated purchasers after inspection and discussion with the agent. For more information, visit www.rockymountainchalets.com or www.ohakuneexecutivehomes.com

Contact

For further information, please contact Lindsay Sandes on 021 895 940 or lindsay@resortbrokers.co.nz

Please Note: There has been recent legal precedence with regards the status of management rights in this country and we recommend that all potential buyers of management rights read the decisions by viewing the following pages on our website:

http://www.resortbrokers.co.nz/research-and-reports/131/
http://www.resortbrokers.co.nz/research-and-reports/134/