Property Description
SECLUDED INCOME PRODUCING PROPERTY ON 4.79 ACRES
Surrounded by nature, this secluded property just off SH 4 in Erua has a feeling of ‘getting away from it all’ while still being an easy drive to the Ohakune, Raetihi and National Park shops/cafes/schools etc. Tongariro World Heritage National Park is adjacent to the land meaning the property is enveloped by wildlife, bush and trees. The property is ideally located between Whakapapa & Turoa ski fields and close to the Old Coach Road, Mt Ruapehu, The Crossing, walking tracks and mountain bike trails. The land size of this unique property is 4.79 acres and consists of lawn/grounds, established bush, Manuka and one paddock. The purpose built lodge comes fully chatteled. The building consists of 11 bedrooms (approved to sleep 48), two living rooms (one very large), drying room, large kitchen, foyer, six showers & toilets, double garage and ample parking. Distinctively, there is a communal layout to the lodge and this is one of its main draw cards along with its exclusivity. The property’s income is mainly generated from self catering holiday rentals for large groups (guests look after themselves/ bring own linen and food etc). The lodge has strong relationships with schools, community groups, family groups and clubs. The business has grown and buildings improved over the last four years even though it has been operated as a hobby business. There has also been income derived from having bee hives on the property. Another positive, is the completely separate three bedroom initial home + double garage with sleep-out (could be rental or lodge manager’s house). It is situated across a small paddock, giving both lodge and house privacy from one another. With an existing business revenue, approved commercial accommodation land use, lodge plus house and land, Ruapehu adventure playground on its doorstep, beautiful natural environment, this property is a rare opportunity and distinctively different from anything else in the vicinity.