Rotorua, North Island
Excellent Landbank - Strong Return - FHI
Land and Buildings Offers Over $1,895,000
Business Description
Savvy investors and developers will recognise the opportunity this large parcel of land presents, both for potential future development and as a land bank investment, not to mention the significant returns one will collect along the way.
Located in the centre of Rotorua this tidy 10-unit single level motel on a flat 1,710sqm (more less) piece of real estate, presents a savvy investor the chance to own a motel in a New Zealand tourism hot spot, just a short distance from the town centre, and surrounding Rotorua attractions.
This is a very rare opportunity to own this extensively renovated Freehold Investment Motel in Rotorua. Enquire now this property will be sold.
Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.
An Information Memorandum is available to download from our website coffeys.co.nz.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.
We would welcome your enquiry via this website or direct to CHRIS D'ANVERS.
Business Summary
Key Investment Insights
1. Large landbank opportunity on a flat 1,710sqm (more or less) parcel, appealing for future development or holding for capital appreciation.
2. Freehold ownership, providing full title control and investment flexibility.
3. Tidy 10-unit single level motel, offering an operational accommodation business with immediate income potential.
4. Extensive renovations completed, reducing short-term capital expenditure and maintenance risk.
5. Located in the centre of Rotorua, close to the town centre and surrounding tourist attractions, supporting high visitor demand.
6. Rotorua is described as a New Zealand tourism hot spot, implying strong market fundamentals for accommodation operators.
7. Seller notes strong returns and significant cashflow during ownership, signalling attractive operating performance or yield potential.
8. Rare market opportunity, with the listing stated to be for sale and likely to attract competitive interest.
9. Information memorandum available for download from coffeys.co.nz, facilitating due diligence.
10. Certain listing details are confidential and require a signed confidentiality agreement to access, indicating sensitive commercial information.
11. Some property data sourced from RPNZ, Property Guru and Land Information New Zealand, with accuracy not independently verified by the seller.
12. Direct enquiries encouraged to agent Chris D'Anvers, streamlining purchaser contact and negotiation.
