Walk in and be amazed at the condition and presentation of this 10 unit complex. It is this consistency of excellence and the open, friendly way the current owners treat their guests that has made this business stand out.
Situated on Union Street, a leafy tree-lined street only a short walk from the CBD, this motel has 5 studio and 5 one-bedroom units. All units have off street parking and feature full kitchen facilities and Sky television. The two-bedroom owners accommodation is spacious and enjoys a warm and bright outlook.
The present owners are fastidious in their presentation and this has proved to be part of a competitive edge in a tight market. This is reflected in the amount of return bookings they enjoy.
Seldom do we come across a motel lease with a combination of very reasonable rent, good lease and showing a very good bottom line over the past five years. Having been here for six years, the present owners having brought this business to a very enviable position in the current market conditions and are now ready to move on to allow a new operator to benefit from the work that has been put in.
Rotorua, whilst being one of New Zealands earliest tourist hot spots (literally), has shown a recent major resurgence as a tourist destination, and has built on the natural attributes of boiling mud and steaming water. With tourist attractions now including The Luge, The Agridome, The Polynesian Spa and of course the all encompassing cultural experience that is Te Puia, the tourist is spoilt for choice. Rotorua’s new international airport is helping to cater for more inbound tourists. For the outdoorsman or woman and the adventure junkies there is world class trout fishing, mountain biking through the towering redwoods, jet boating, and white water rafting.
That is why the tourists come to Rotorua! This motel is there to cater for their accommodation. If you want a successful accommodation business showing a 28.8% return in Rotorua, look no further.
We would welcome your enquiry on this motel for sale in Rotorua via this website or by phoning IAN YOUNG on 0800 263339 or 0274 851 305