Listing #:4724841969
ROTORUA MOTEL BUSINESS FOR SALE
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Location: | Rotorua, Bay Of Plenty |
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Located on Fenton Street in the heart of Rotorua, this motel offers an excellent investment opportunity. Proximal to shops, restaurants, and cafes, it is only a 15-minute drive to Rotorua Airport and a 20-minute walk to Whakarewarewa Thermal Village.
The property includes 10 self-contained guest units, each with private spa pools, fully equipped kitchens, satellite TV, and free Wi-Fi. Additionally, there is a separate three-bedroom residence for the owner or manager.
The lease, which runs until December 2045, has rent set at under 20% of sales revenue, providing a favorable income potential compared to industry standards. Currently, the motel is not subject to any HUD accommodation agreement, offering operational flexibility.
Potential buyers must sign a Confidentiality Agreement to receive detailed business information, lease terms, and financials.
For more information or to arrange a viewing, please contact Chris Park of Barfoot & Thompson North Shore Commercial by email to c.park@barfoot.co.nz or text to 021 2733 400.
Agency reference #: 4037472
The property includes 10 self-contained guest units, each with private spa pools, fully equipped kitchens, satellite TV, and free Wi-Fi. Additionally, there is a separate three-bedroom residence for the owner or manager.
The lease, which runs until December 2045, has rent set at under 20% of sales revenue, providing a favorable income potential compared to industry standards. Currently, the motel is not subject to any HUD accommodation agreement, offering operational flexibility.
Potential buyers must sign a Confidentiality Agreement to receive detailed business information, lease terms, and financials.
For more information or to arrange a viewing, please contact Chris Park of Barfoot & Thompson North Shore Commercial by email to c.park@barfoot.co.nz or text to 021 2733 400.
Agency reference #: 4037472
Business buyer’s checklist
Price on application
Listed: Thu 23 May, 2:39 pm
Chris Park
Barfoot & Thompson North Shore Commercial
-
Contact details
- (09) 3597882
- (021) 2733400
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Agent's details
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Chris Park
- (09) 3597882
- (021) 2733400
Barfoot & Thompson North Shore Commercial
(09) 4893880
Expires: Thu 18 Jul, 2:39 pm