RETIRE WITH INCOME - TOURIST ACCOMMODATION - RIVERSONG COTTAGES

A great opportunity to purchase a well established tourist accommodation business in the centre of Murchison for the price of medium priced house in a larger town. The property has two fully self contained cottages, each consisting of 2 bedrooms, open plan living and bathroom. The main dwelling consists of 4 bedrooms, open plan living, study, spa bath, sauna, including a luxurious studio with ensuite all situated in beautifully landscaped gardens with lots of native bird live.
This would be an ideal property for a retired or part time working couple, enjoying the great outdoors and of course trout fishing only a short walk of the mighty Buller River.
The property is in 2 titles and would have even more potential for further development and expansion.
The property is for sale as a going concern (GST registered) and the price of $579,000 includes all plant, chattels, fixtures and fittings (some personal items excluded).

Inspection by appointment.

Please read the detailed information below.


RiverSong Cottages provides boutique accommodation amongst beautiful gardens within a minute’s walk of the Buller River, Cafes, Shops, in Murchison, South Island, New Zealand a nature wonderland. In its 7th Season, RiverSong offers:
• Growing turnover with returning guests
• Popular tourist / holiday spot on SH 6 a main route that was voted New Zealand's most scenic highway
• Four buildings with 3 rentable units, SPA Bath & Sauna Room, renovated 3BR owner's accommodation, and a large garage with sleepout currently used as massage room
• Land on 2 titles set within 1/2+ acre
• Additional accommodation can be added at existing site
• Sold as a going concern, with the brand, the website, reservation system, everything you need including next year's bookings
• Post-sale training, past 4 years financials and occupancy rates, guest comments, extensive chattells list available
RiverSong currently offers accommodation:
• Tui Cottage: 2BR Cottage (sleeps up to 6) fully equipped kitchen, living room, private deck, free to air satellite TV and video
• Falcon Cottage: same as above
• Kea Studio w/ensuite (sleeps up to 2 people) with tea and coffee making, free to air satellite TV
RiverSong's additional services include:
• Massage, Natural Therapies, and Facials
• 3 person FAR Infrared Sauna
• Double Hydrotherapy SPA Bath
• Wireless broadband
Freehold Premises

RiverSong's land is on 2 titles on 1/2+ acres. All cottages and the new house extension have codes of compliances. New Zealanders will understand how important this is!
• Title 1: 2x2BR fully equipped 6x8sqm Sunshine Homes with timber interior and low maintenance exterior, each sleeps up to 6. This section contains a large garage with sleep out (currently massage therapies room), guest laundry and storage.
• Title 2: renovated main owner’s residence, reception, office, 2nd laundry, and a newer extension with Studio/ensuite (up to 2), Sauna/Spa Bath room, and new bathroom.
Plant and equipment being sold
• Extensive chattels list available, and additional inventory and replacement items on hand.

Day to Day Management

Staff

During the peak season, RiverSong is currently run by 1 fulltime owner with additional part time assistance with bookkeeping, massage therapy, and cleaning as required. During the off peak season, 1 part time person is required to run the business. Helpful skills include accommodation management and marketing, cleaning, laundry & ironing, bookkeeping, handy person, and gardening. Post-sale training is available if required.


About Murchison

• Murchison is located in the central top of the South Island, about 1 1/2 hours away from Nelson and Westport, 2 1/2 hours from Picton and Greymouth, within 45 minutes drive of Nelson Lakes, and about 4 hours to Christchurch. Murchison is famous for its World Class Trout Fishing, White Water sports, Jet Boating, Gold Mining and Farming. Known for a "can do attitude", the local residents have many active clubs, a newer hospital, a newer sports, recreation and cultural centre, a local museum, fantastic nature walks, and much more.