The Property Academy Podcast "I make $100K+ a year on Airbnb (from just ONE property)"⎥Ep. 2033
Apr 5, 2025
A West Coast investor reveals how one Franz Josef property pulls in six figures and the seasonal pricing that makes it possible. They discuss why glaciers and scenery attract high‑paying tourists and the leasehold model that sped up ROI. Risks like remote access and insurance are covered, plus plans for scaling by buying land and building more short‑term rentals.
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Bought Leasehold Franz Josef Holiday Park For Fast Payback
- Elliot moved from Christchurch to buy a 25-year leasehold holiday park and two three-bedroom Airbnbs in Franz Josef in 2022 after COVID depressed prices.
- He paid just shy of $300,000 for the whole setup and repaid that investment in about 12 months due to strong Airbnb revenue.
Franz Josef Evolved To Serve International Tourists
- The town caters strongly to international tourists with multiple activities, restaurants and accommodation beyond the glaciers.
- Elliot notes Franz Josef's accessibility and services make it a natural stop for travelers heading toward Queenstown.
High Nightly Rates Driven By Glacier Tourism
- Franz Josef Airbnbs command very high nightly rates because of unique attractions and developed tourist services nearby.
- Elliot gets $600–$700 peak nights, up to $800 in January, and $350–$400 in winter, averaging roughly $500 a night.