Freehold going concern with quality business

• Large freehold corner site in a sought-after location
• Strategic purchase of a key hotel and tourism asset
• Catering to domestic and international markets
• Significant net cash flow after management
• A year-round business

Presenting this exclusive opportunity to acquire the region's only 3-star hotel, situated amidst the stunning landscape of the Tongariro National Park, guests are treated to panoramic views of three iconic volcanoes: Mt Ruapehu, Mt Ngauruhoe, and Mt Tongariro.

With the closure of the 115-room Chateau Tongariro Hotel in February 2023 and its unlikely reopening presents accommodation providers a huge opportunity to grow their revenue significantly. The Park is best positioned to take advantage of this room inventory shortfall and also consideration to be given to future development.

There is a total of 80 guest rooms, over six configurations plus many facilities to accommodate guests, including a conference room with the capacity for a substantial amount of people, outdoor hot tubs and the Spiral Restaurant and Bar. The Park Hotel Ruapehu offers a unique blend of natural beauty, adventure and comfort, making it an ideal destination for travellers seeking an unforgettable experience in the heart of New Zealand's North Island.

Acquire this freehold going concern and step into a hospitality venture in a prime location. This property enjoys the benefit of the many attractions on offer in the Ruapehu District. Consider selling the business and retaining the freehold investment.

Agency reference #: 1697393