Property is freehold in Wadano, Hakuba, Japan. There are no limitations on foreigners buying in Japan.
- Ski in Ski out location. Hakuba gets over 11 metres of annual snowfall with 13 uncrowded resorts in the Valley within an amazing unique culture.
- 12 bedrooms, 13 toilets, 12 showers + Owners room (1 bed + study + bathroom) + 3 staff rooms.
- Bar, fireplace, dining room with full commercial kitchen
- 629m2 building, Land 880m2
- Over $250,000 spent on renovations and improvements over last 3 years including new hot water system, boiler for heating, sewage connection (and pumps).
- Current operating season – Winter only December – March (4 months per annum). Potential to open for summer season.
- Growth Market. Japanese ski resorts are booming and Hakuba is set to become the next Niseko
- Basic dinners served 3 nights a week – potential to open as a fully functioning restaurant.
- Staff – Husband and Wife owner operators. Plus 3 full time live in seasonal staff. Usually Australian working holiday makers who work for room and board plus lift passes and a nominal salary
- Investors could easier hire managers and run remotely from Australia. Most other lodges in Hakuba are run in this fashion.
- Approx 90% occupancy with 35 bed capacity.
- Strong repeat clientele.
- 95% of bookings are Australians and sourced directly via the owners website
- New partnership with Finnish Tour operator has been agreed to to diversify client base.
- The main appeal about this business is the lifestyle that it pays for. Running a business in with Japanese Alps with the opportunity to ski everyday of the season.
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