Link Business
*** SOLD ***

Property Management Business

Listing: #CS00482
Profit

sales

industry

Canterbury



About this Business for sale in Canterbury

Property Management Business

Twizel Holiday Homes is a well-established and profitable property management business located in the stunning Mackenzie Country of NZ, at the doorstep to NZ’s highest mountain, Aoraki/Mt Cook.

Reasons to buy

  • Profitable
  • Return on investment 25% (approx.)
  • 105 homes under management
  • Fully functional operating systems
  • Loyal and competent staff
  • Ideal quality of life – work balance

Homes under Management
Twizel Holiday Homes currently has 105 homes under management and comprises a mix of long term rentals (24) and short term holiday rentals in the tourist accommodation pool.  It can offer homes a short walk to the village centre or on the edge of town with classic Mackenzie vista of tussock land, mountains and dark sky views.

Letting Office
The business operates out of a centralised letting office utilising very loyal and local staff to assist the owner with administration and property management functions. The team increases with seasonal workers in the summer.

Automated Operating System
The current owner has been involved with tourist accommodation for many years and has used his knowledge and experience to implement an integrated, user friendly booking and owner accounting software system interfaced with multiple online accommodation booking channels. 

Manage Remotely
With the appropriate systems and procedures in place, a new owner could potentially oversee the management of Twizel Holiday Homes remotely.

Twizel
Located on SH8 between Christchurch and Queenstown, Twizel is an alpine village situated in the Mackenzie District in the South Island of New Zealand. Twizel is the closest town to Mount Cook and the Tasman Glacier and is a service town for aquaculture, agriculture, the Waitaki hydro scheme and a tourist town for visitors.  Twizel recently surpassed one million overnight stays for tourists and in the last three years economic activity from tourism increased by 18%.

Things to do in Twizel

  • Hiking
  • Glacier flights
  • Heli skiing
  • Parachuting
  • Horse trekking
  • Sailing, water skiing, kayaking and rowing (Maadi Cup) on 5 surrounding lakes
  • Skiing on either Round Hill or Ohau ski fields
  • Cycling on the Alps to Ocean cycleway through the Mackenzie. Twizel is located between the Mt Cook and Ohau sections of the trail and is the perfect spot from which to start or pause and enjoy the scenery!
  • Fishing (salmon and trout)
  • Visit the Salmon farm
  • Star Gazing. The area boasts one of the world's cleanest, driest and dark skies in the world and has long drawn astronomers and those not used to seeing the stars to Twizel and the surrounding area.
  • Rock and mountain climbing
  • Twizel Events Centre events

Like any maturing region in New Zealand the finer things in life are being produced locally. Wine, beer, cheese and the best fresh water farmed salmon in the world are produced here. Twizel is now home to a number of quality restaurants, bars and shops as well as providing the basic amenities of accommodation, healthcare, supermarket and postal services.

The Opportunity
Twizel Holiday Homes offer a stable and year round income, due to its mix of short and long term stays, coupled with the projected growth in tourism in the years to come.  With loyal staff and efficient systems in operation, a new business owner should be able to hit the ground running.  The current owner plans to retire in Twizel and will provide an orderly hand-over to a new owner and will also be around should help be required.  

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.