Rare Opportunity to Own a Highly Profitable Queenstown Accommodation Business!

Asking Price: $5,500,000 Plus GST if any
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Garden Court Suites & Apartments is a stunning Four Star Plus, leasehold business complex, comprising 54 Suites & Apartments, accommodating 220 guests, located at the prime entrance-way to downtown Queenstown.

 

 

 

Rare Opportunity to Own a Highly Profitable Queenstown Accommodation Business!

  • EBITDA $1m plus, rooms revenue approaching $4m
  • Approximately 20% Return on Investment
  • 220 guest capacity, in 54 suites and apartments
  • A short 5-minute walk to the Queenstown CBD
  • Prime location in ‘Queenstown sunbelt’, with 365 sun days!
  • Exceptional car parking for guests on site
  • Plus manager/owners apartment on site

Here is a fabulous opportunity to secure one of Queenstown’s most prominent, established and profitable, Hotel business’, which enjoys a prime location – just a 5 minute stroll to the lakes edge of downtown Queenstown! Call now!

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For more info: View listing on nzbizbuysell