Rotorua, North Island
16 Units - Great Location - Very Motivated Vendor
Land, Buildings and Business Now $2.6m or near offer
Business Description
Located close to Rotorua Central Mall and a kilometre from the town centre, the freehold going concern of this profitable 16-unit motel is for sale.
Comprising 8 studio units and 8 one-bedroom family units, the rooms are configured to cater to a good cross section of travellers.
All units have geothermally heated spa pools or spa baths, are spacious, comfortable and currently geared to the mid-market segment.
Owner's two-bedroom accommodation on two levels adjoins the office/reception area.
This motel offers an opportunity for a solid foothold in Rotorua's tourism industry.
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.
Price Reduced: $2,600,000 or Near Offer. We would welcome your enquiry via this website or direct to CHRIS WONG.
Business Summary
Key Investment Insights
1. Freehold going concern with 16 profitable motel units, offering immediate income and asset ownership.
2. Unit mix of 8 studio units and 8 one-bedroom family units, catering to a broad traveller demographic.
3. All units feature geothermally heated spa pools or spa baths, providing a distinctive guest amenity and local appeal.
4. Accommodation currently positioned to the mid-market segment, enabling volume-driven occupancy potential.
5. Owner's two-bedroom accommodation on two levels adjoins the office and reception, supporting on-site management.
6. Prime central location, located close to Rotorua Central Mall and approximately a kilometre from the town centre, supporting walkability and demand.
7. Positioned as a strategic foothold in Rotorua’s tourism industry, leveraging regional visitor flows.
8. Price reduced to $2,600,000 or near offer, indicating vendor motivation and potential negotiation opportunity.
9. Some listing information sourced from third-party agencies and not independently verified, signalling need for buyer due diligence.
10. Information Memorandum available via the agent, with certain details confidential and released on signing a confidentiality agreement.
