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Tourism Property & Business for sale - 50% vendor Finance for 5 years, Interest free!

Friday 4 June 2010, 10:03AM

By Adrian Chisholm - Tourism Properties.com

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Pudding Hill Lodge, Mt Hutt for sale, 50% vendor Finance for 5 years, Interest Free!
Pudding Hill Lodge, Mt Hutt for sale, 50% vendor Finance for 5 years, Interest Free! Credit: Adrian Chisholm - Tourism Properties.com

MT HUTT

Pudding Hill Lodge, Chalets, Hostel & Holiday Park- Accommodation Business for sale - METHVEN - RESORT TOWN - MT HUTT, Canterbury - South Island - New Zealand - Must be sold this week!

$1.5m Freehold Going Concern - with settlement not later than June / July 2010 - in time to catch to Winter Mt Hutt Ski Season

50% Vendor Finance, Interest Free for 5 years to an approved purchaser.

The vendor will be conducting an "Open Home ( Lodge)" on site Saturday 5th, Sunday 6th and Monday 7th June 2010. Address 5259 Arundel Rakaia Gorge Road, Methven, Mt Hutt. - 80 minutes from Christchurch airport.

Latest QV $1,814,000 (land & buildings only), Chattels List valued at several hundred thousand dollars!

Millions of Dollars below Replacement Value

One of New Zealand Tourism's best development opportunities!

Ideal for Schools, Universites, Churches, Sporting Groups or Business Training Organisations to convert for their own residential in house training campus

Pudding Hill Lodge is located at the base of Mt Hutt ski field, 10 minutes from Methven township. Pudding Hill Lodge is ideally suited for family groups, school groups, weddings, ski teams, and mini conferences as it sleeps 156 guests in a selection of accommodation chalets, plus campervan powered sites and tents sites. There is a bar and a liquor licence, hot tub and two saunas for the guests to relax in after either a days skiing on nearby Mt Hutt or one of the many walking tracks available during summer.

There are spacious public areas: spa, saunas, and tennis court. With 10.1 hectares of spacious farmland the opportunities are endless for Schools, Churches, Sporting Organisations In house Residential Colleges / Training Schools to use these exstentive buildings ( 2400m2 / 26,000 sq feet) and rural land for training or recreational purposes. There is also an additional 2.5 Hectares on a separate title. There is an existing easement to use the registered air strip on an adjoining property.
 

Call Adrian Chisholm 021 727 888 for further details or email adrian@tourismproperties.com or view full details on www.tourismproperties.com ID 888 or type "Pudding Hill Lodge" into the keyword search on the home page. Direct link: http://www.tourismproperties.co.nz/home/property_search/_details/id_888