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Franz Josef, 9 Cron Street

Welcome To Franz Josef Montrose Lodge And Hostel

$2,300,000 Plus GST (if any)

Listing Number: DU94783
About this listing
This is a great place to stay while visiting this lovely slice of paradise. Franz Josef Montrose is set in a prime location in the centre of Franz Josef glacier town. This is an ideal base allowing you to enjoy everything the glacier region has to offer. Situated just 4km from Franz Josef glacier and 25km north of fox glacier. Activities include glacier walks and helicopter rides as well as glacier hot pools, there is something for everyone to enjoy. Franz Josef Montrose offers the best value in accommodation and assures that your time here will be a memorable stay.

Accommodation:
Montrose is ideal for independent travelers and couples looking for an affordable place to stay while in Franz Josef.
All guests have access to the following facilities and amenities:
Complimentary breakfast
Complimentary homemade vegetable soup in the evening
Free unlimited WIFI
Free tea and coffee
Fully equipped communal kitchen x 2
Large living area
Free DVD hire
Laundry
Outdoor bbq
Off-street parking
Hot showers
Bar/lounge
Library
On site restaurant

Franz Josef Montrose has many accommodation options available.
Below is our room configuration available.
8 bed dorm shared bathroom x 1
6 bed dorm with shared bathroom x 3
4 bed dorm with shared bathroom x 8
4 bed female dorm with shared bathroom x 2
Twin bed shared bathroom x 2
Bunk bed shared bathroom x2
Twin bed ensuite x1
Queen bed shared bathroom x 8
Queen bed ensuite x 6
Super king bed shared bathroom x2
Super king bed ensuite x 1
Total occupancy when full is 110 people

Staff:
Currently employees 3 full time staff plus 4 part-time staff

Summary:
The property comprises a substantial dwelling; with a backpackers at the front of the building and a lodge at the back of the building.
The business is well managed and currently operating at 100% full occupancy.
All guests are warmly invited and say the hospitality is second to none.
Franz Josef Montrose is located within walking distance to the main town, just far enough away for some peace and quiet.
Franz Josef Montrose is the ideal base allowing you to enjoy everything the glacier region and the west coast have to offer.
Close to glaciers, mountains, lakes, kiwi wildlife centre, hot pools, heliports, and much more.
All activity operators are based in the Franz Josef glacier village.
Whether you're travelling alone, with your partner a friend or with a group, we can accommodate all your needs.

Broker comment:
This is an outstanding business currently operating at full occupancy. Growth has doubled in the last 3 years and still rising.
Reviews on this business are very positive, describe it as being the best place to stay and great value for money. Ratings have it averaged out at 8.8 which is excellent (bookings.com)
Currently listed on over 27 websites
This business would suit an owner operator that wants a lifestyle change.
Time to leave the big smoke and enjoy the lifestyle Franz Josef has to offer you.

Price is as follows:
Land and building $2,100,000
Business $200,000 (includes plant and goodwill)
Total $2.3 million
Property Information
  • Business description: Backpackers and Lodge
  • Legal Name: Franz Josef Montrose Ltd
  • Business Name: Franz Josef Montrose
  • Property Type: Tourism / Motel / Hotel
  • Turnover $: 532,290
  • Listing price details
    • Total (plus GST if applicable) $: 2300000
  • Number of staff
    • Full time: Annual Wages $213,252.00
  • Other comments: Land Value $275,000 Improvements Value $1,825,000 Capital Value $2,100,000 Fee Simple Lot 1, DP 388806 OT 355020 1821 sqm

Contact Details

Dunedin

Highland Real Estate Group Ltd

Licensed REAA 2008

16 Queens Gardens
Dunedin
Office website

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