Land and Buildings 8%+ Returns

Franz Alpine Retreat is a substantial freehold land and buildings offering set on 0.8691 hectares in the heart of Glacier Country, a rare opportunity to acquire a well-established accommodation property in one of the South Island's most consistently visited destinations. This sale is for the land and buildings only.

The Property: Positioned just 4km from Franz Josef township, the retreat sits on a generous, park-like landholding with mature landscaping and mountain views. The scale of the site is a standout feature, beyond the existing footprint of 17 accommodation units, there are vacant areas of the property offering scope to add further chalets, subject to local authority approval, giving a purchaser a genuine value-add pathway beyond the current income base. Plenty of on-site guest parking is provided throughout, supporting smooth turnover during peak season.

Accommodation Mix: The property comprises 17 separate accommodation units in a modern combination of units, chalets, and cottages, offering numerous accessible options across one and two-bedroom configurations. Many of the units feature large open-plan kitchen, dining, and living areas opening onto private outside decks, a layout that consistently appeals to the couples, families, and groups who make up the bulk of Glacier Country visitor demand.

Manager's Residence: A stand-alone, two-storey, three-bedroom, two-bathroom manager's residence is included, separate from the guest accommodation.

Secure, Long-Term Lease: The property is leased long-term, running through to 10 December 2048 and is currently returning $212,500.00 + GST per annum with three-yearly CPI rent reviews offering an 8%+ return. This gives a purchaser a genuinely hands-off investment with secured income, with the operator responsible for the day-to-day running of the accommodation business.

The Opportunity: Glacier Country continues to draw strong domestic and international visitor numbers year-round, anchored by the drawcard of Franz Josef Glacier itself. With its scale, established 17-unit accommodation base, separate manager's residence, secure long-term lease income, and clear room to expand, Franz Alpine Retreat presents as a well-positioned land and buildings asset, suited to an investor seeking passive income backed by a strong lease term, with built-in headroom for future development on the balance of the site.

LIM & additional reports available on request. Price is plus GST if any.

The vendor is open to considering a trade — enquiries welcome.