Whether you are a first time buyer or experienced operator wanting to expand your portfolio, this business will tick all your boxes.
Located in a beautiful Central Otago location, with plenty of residential development underway, this business will continue to thrive.
Occupancy has been consistently above 85% since opening and enjoys strong community engagement. With an affordable rental and long term lease in place, this business offers better margins than those seen in neighbouring towns.
Returning Net Surplus of circa $164,000 to a non-qualified owner, this business offers options for a new owner to take on an administration role only, or become part of the teaching team and reap even higher rewards.
Make the most of the rapidly growing demographics of this region and be in for the new academic year.
Contact Jono - 021 045 3871 or Linda - 022 354 9189 for further details.
Price $420,000
