NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
    • The Great NZ Road Trip
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • Deloitte Fast 50
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Property

Queenstown service station has no off-season

By True Commercial
NZ Herald·
8 Feb, 2019 04:00 PM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
The Queenstown Caltex station at 43-45 Gorge Rd. Photo / Supplied

The Queenstown Caltex station at 43-45 Gorge Rd. Photo / Supplied

Caltex Queenstown is on the market for sale, as a going concern business with leased premises, offering anopportunity to invest in the fuel retail industry.

ABC broker Alex Ingrosso says the business is for sale for an asking price of $3.5m plus stock and he will give the lease details on request.

Ingrosso says the business at 43-45 Gorge Rd, is one of the best in the Caltex network.

"The site is a highly desirable spot that benefits hugely from Queenstown's rapidly expanding tourism and population growth," says Ingrosso.

"This business is located on Gorge St, a main arterial route leading all the way to Arrowtown, plus feeding Gibbston and Closburn.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

"The station pumps over 7m litres of fuel per annum, making this site one of the busiest in the South Island.

"With so many tourism operations and hospitality venues in this part of the country now kept busy bothsummer and winter — Caltex Queenstown doesn't have much of an off-season.

"This differentiates it from similar fuel retailing sites elsewhere in the South Island, which do experience notable seasonality," he says.

Advertisement
Advertise with NZME.

The premises underwent a complete fit-out in 2008 and the pumps were upgraded three-years-ago.

"Another important factor with service stations is their other retail operations," says Ingrosso.

"For most sites, the majority of the profit comes from these 'add-ons' rather than the fuel itself. This Queenstown site has a stellar coffee and hot food operation along, along with car wash, gas bottle re-fills and international money transfers."

Ingrosso notes that Queenstown draws more than 2m visitors annually, laying on more than 200 attractions, activities and entertainments for them to choose from.

Discover more

New Zealand|crime

'Homesick' Japanese chef smashed Glenorchy building with golf club

11 Feb 09:26 PM

However, he believes the future of the business lies in further developing profit centres away from fuel sales, with more offerings in the shop and value-added services to locals.

"I have been told some sites in the United States, for instance, are using space as distribution centres for the likes of Amazon deliveries," says Ingrosso.

"There are some sites which have experimented with electric charging points, although at present the technology is still evolving in this regard.

"True, non-standardised charging times and plugs mean that — at this point anyway — not all cars can use all the charging points. But I'm sure this will change in due time.

"What people need to remember about service stations is that fuel is just one part of the operation.

"As time goes by these businesses will adapt and they will be around long after fossil fuels have gone, even if they end up looking a bit different to how they do now."

Advertisement
Advertise with NZME.

Ingrosso says the owner has been in the industry over 33 years and is moving on to a quieter lifestyle away from running a business.

"That decision offers a new owner one of the best business opportunities in New Zealand," he says.

Ingrosso says the role takes up around 30 to 40 hours per week and, compared to some industries, the number of staff versus turnover is low — so that side of the management is not too complicated.

Save
    Share this article

Latest from Property

Property

170-year-old Southland home for sale - ‘it is going to be hard moving on’

Property

Auckland apartment sells for just $34,700 as owners rush to offload their units

Premium
Property

Construction sector loses 16,000 jobs in two years


Sponsored

Why NZ businesses lag on solar and the adoption of clean on-site renewable energy

Advertisement
Advertise with NZME.

Latest from Property

170-year-old Southland home for sale - ‘it is going to be hard moving on’
Property

170-year-old Southland home for sale - ‘it is going to be hard moving on’

Descendant of one of Riverton's founding fathers prepares to say goodbye to the town.

19 Aug 05:56 AM
Auckland apartment sells for just $34,700 as owners rush to offload their units
Property

Auckland apartment sells for just $34,700 as owners rush to offload their units

19 Aug 12:05 AM
Premium
Premium
Construction sector loses 16,000 jobs in two years
Property

Construction sector loses 16,000 jobs in two years

19 Aug 12:00 AM


Why NZ businesses lag on solar and the adoption of clean on-site renewable energy
Sponsored

Why NZ businesses lag on solar and the adoption of clean on-site renewable energy

14 Aug 09:40 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP